Economies

Technical Recession Confirmed in Canada, Signs of Better Days Coming

Pumpjacks at work near Halkirk, Alta. in this file photo. The fall in business investment in the oil patch had a big impact on Q2 GDP in Canada. (The Canadian Press/Larry MacDougal)
Pumpjacks at work near Halkirk, Alta. in this file photo. The fall in business investment in the oil patch had a big impact on Q2 GDP in Canada. (The Canadian Press/Larry MacDougal)

Canada is in a technical recession, but there is light at the end of the tunnel. The inevitable was confirmed when Statistics Canada announced on...




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