Canada Sees Slowdown in Growth

The rate of growth in the Canadian economy slowed in July, falling to 0.4 percent from 0.7 percent the previous month. Most sectors continued to show increases, although Retail Sales fell by 0.6 percent. The real damage however, was the Housing Index which declined by 4.1 percent.

Source: BBC News

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at Visit to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.