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graph with canadian flag

Canada added 82,000 of the less desirable part-time positions in July while losing 28,000 full-time jobs

close up view of new 100 Canadian dollar banknotes

Exports increased by 4.1% from May to a record $50.7 billion, thanks in most part to energy products and aircraft

graph with canadian flag

May GDP growth of 0.5% beat expectations as the oil and gas sector led the way with a 2.5% increase

Raise and fall of business indicators green and red arrows

Retail, manufacturing and wholesale strength will push May GDP even higher

Maintaining Profits economic growth chart businessmen illustration

The gains more than made up for the drop seen in April

Building silhouettes of a city and Canadian flag

Although the indicator increased to its highest level since 2011, the surveys were completed before the U.S. tariffs on steel and aluminum were announced

graph with canadian flag

Gains in the manufacturing and utilities sectors more than offset declines in construction and in mining, quarrying, and oil and gas extraction

Oil well with the pump jack in action. Alberta

A rebound in the energy sector, driven by improved oil prices, spearheaded the recovery.

Raise and fall of business indicators green and red arrows

There are other factors complicating the interest-rate outlook since the central bank last raised interest rates on May 30

Maintaining Profits economic growth chart businessmen illustration

Canada’s economy grew at an annualized pace of 1.3% for the first three months of the year