Canada’s GDP Unexpectedly Goes Negative, Only Country in G7 to Do So

by Mish Shedlock, The Street: Canada’s GDP unexpectedly went negative for the second quarter following huge monthly negative revisions with no explanation. Canada’s GDP Shrank by 0.3% in 2nd Quarter CBC News reports Canada’s GDP Shrank by 0.3% in 2nd quarter, Ending 9-Month Streak of Expansion. Statistics Canada reported Tuesday that the country’s gross domestic product […]