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Trudeau defends his economic track record as new data shows GDP contracted last quarter

Prime Minister Justin Trudeau defended his government’s economic performance Thursday by touting investments in housing and dental care when asked about new data that shows the economy actually contracted in the last quarter.

Statistics Canada reported this morning that the Canadian economy shrank at an annualized pace of 1.1 per cent in the third quarter — a performance much worse than what some forecasters expected for the July through September period.

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