Forward Guidance: Canadian GDP Edging Higher as Labour Markets Tighten

<p>We expect GDP rose 4.0% (annualized) in the third quarter, picking up after a 1.1% decline in Q2 when COVID-19 restrictions were more stringent. That Q3 increase would be stronger than the 2% early estimate from Statistics Canada a month ago with improved labour market data leaving some upside risk—hours worked increased at an almost […]</p>
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