Canada’s economy continues to recover from the pandemic, according to numbers from Statistics Canada.
The agency says real G-D-P increased by 3% in July, following a 6.5% increase in June.
- All twenty industrial sectors posted increases in July
- Surpassing pre-pandemic levels were agriculture, utilities, finance and insurance, in addition to the real estate rental and leasing sectors
- Overall economic activity still 6% below February’s pre-pandemic levels
Early estimates for August suggest a 1% increase in G-D-P.
