Canada’s Economy Grows for Third Straight Month in August
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Canada’s economy grew for a third month in August, cementing a rebound from an oil shock that had pulled the nation toward recession in the first half of this year.
Gross domestic product increased 0.1 percent to an annualized C$1.66 trillion ($1.26 trillion), Statistics Canada said Friday in Ottawa, following gains of 0.4 percent and 0.3 percent in June and July.