Canada’s economy shrank in July but not as much as expected

Statistics Canada says real gross domestic product was down 0.1 per cent in July

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OTTAWA — Statistics Canada says real gross domestic product was down 0.1 per cent in July.

The agency’s initial estimate for July had been for a contraction of 0.4 per cent.

Its initial estimate for August suggests a rise of 0.7 per cent for the month.

More to come …