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Aging is also a factor that will affect Canada economically, politically and socially, StatsCan says

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Canadian investors also added $12.5 billion worth of foreign securities

Businesswoman Calculating Expenses on Printed Receipts

Income grew faster than debt, agency reports

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Market value of Canadian pension assets rose by 5%

The book value of debt securities rose by just 0.1% in the quarter to $4.34 trillion

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The unemployment rate remained at 5.7%

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StatsCan says it was the strongest quarter since 2017

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Economists on average had expected a decline of 0.1%

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There was a net outflow of $10.6 billion in securities

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But wage growth reached its highest mark since 2009