Canada’s economy is showing clear signs of a slowdown, as after shrinking in June, the total value of all goods and services sold was essentially unchanged in July and August — and likely September, too.
Statistics Canada reported Tuesday that the country’s gross domestic product was flat in August, as the service sector expanded a little but output from goods-producing industries shrank.
Canada’s GDP in August came in at $2.082 trillion during the month. That’s barely ahead of just over $2.081 trillion the previous month.
