Canada's economy shrinks for 1st time in 2 years
CBC News- Canada's economy shrank by 0.4 per cent in the second quarter, the first quarterly decline in two years.
Statistics Canada said gross domestic product declined by 0.4 per cent, on an annualized basis, in the April-June period.
It expanded by 3.6 per cent in the first quarter.
By comparison, the U.S. economy expanded by one per cent in the second quarter.
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