Canada’s GDP Jumps 0.5% in April, Led by Oil Sands Rebound

Canada’s economy expanded 0.5% in April, topping analyst forecasts of 0.4% and ending a stretch of contraction that had stoked recession fears, Statistics Canada reported Tuesday. A surge in oil sands activity did most of the heavy lifting. Mining, quarrying, and oil and gas extraction posted a 2.9% monthly gain, the sector’s best result since […]

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