Canada's economy regains momentum, leaving July rate hike on table

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Canada's economy regains momentum, leaving July rate hike on table
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Bank of Canada may still raise interest rates higher after GDP data showed economy\u0027s growth on track to beat expectations. Read more

Preliminary data suggest Canada's gross domestic product expanded 0.4 per cent in May, Statistics Canada reported, led higher by manufacturing, wholesale trade and real estate.momentum in the second quarter, reinforcing the case for a July rate hike even as inflation slowed last month.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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Canada's economy strengthens, leaving July rate hike on table - BNN BloombergCanada's economy strengthens, leaving July rate hike on table - BNN BloombergCanada’s economy regained momentum in the second quarter, reinforcing the case for a July rate hike even as inflation slowed last month.
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