Canada's economy experienced a contraction of 1.6% in the second quarter, marking the first GDP decline in seven quarters. This downturn was largely attributed to a sharp 7.5% fall in exports, significantly impacted by tariffs imposed by the US. The decline has fueled speculation that the Bank of Canada might consider cutting interest rates in September.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/aNW1Hu6
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