Statistics Canada Reports Real GDP Grew 0.2% in July

Statistics Canada Reports Real GDP Grew 0.2% in July
Signage marks the Statistics Canada offices in Ottawa on July 21, 2010. The Canadian Press/Sean Kilpatrick
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The Canadian economy grew more than expected in July, but the strength was short-lived as the momentum seems to have failed to carry over into August.

Statistics Canada said Friday that real gross domestic product grew 0.2 percent in July, following essentially no change in June, helped by strength in the retail trade sector.