Population still outpaced GDP uptick in July: StatsCan
Statistics Canada released its latest data on the country’s real GDP, which grew 0.2 per cent in July. However, it sits at 0.87 per cent year-over-year, below the 0.94 per cent population growth.
Statistics Canada released its latest data on the country’s real gross domestic product, which grew 0.2 per cent in July. However, it sits at 0.87 per cent year-over-year, below the 0.94 per cent population growth.
Private GDP is still below the population growth on a year-over-year basis, while public GDP remains above.
This is largely becaus…
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