Statistics Canada had initially estimated a contraction of 0.4% for July, but eased pandemic restrictions helped
Asset growth will slow amid evolving demographics, Investor Economics forecasts
The plan involves raising taxes on corporations and the wealthy, using the funds to expand government programs
Increased consumer spending contributed to the change
Policy action is seen to be keeping the recovery on track, despite tremors
High vaccine rates have sharply curbed deaths, but hospitals are still strained
Virus variants and supply shortages weigh on short-term outlook
The organization modestly downgraded its growth forecast for this year
Jimmy Jean, who became chief economist in May, anticipates the economy will grow by 4.9% in 2021
Shortages crimp global growth, cloud Canada's outlook