Posted on July 31, 2015

‘The quarter is looking ugly’: What economists are saying about Canada’s shrinking economy

May 2015 GDPDr. Sherry Cooper, chief economist, Dominion Lending Centres

“What is particularly troubling about this one is that the main culprit for the decline in May GDP was manufacturing, a sector that was supposed to be boosted by the weak Canadian dollar. This portends badly for the expected recovery in the current quarter as manufacturing exports continue to frustrate policymakers.”

Click here to read more from this Financial Post article.

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