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Canada’s Economy Shows Resilience Amid Trade Tensions | Toronto News
Canada’s economy surged in spring with its fastest growth since 2004, fueled by exports, business investment, and household spending—showing surprising resilience amid U.S. trade tensions and avoiding a technical recession. Nearly all sectors, including auto and energy, posted gains, with oil prices driving momentum across industries. Economists praise the strength but caution it’s not immunity from trade risks; Canada needs this cushion to weather future shocks. While July growth may stall, resource exports remain strong due to global demand for critical minerals and energy. Experts urge…
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