"Canada's economic growth seen outpacing U.S. as virus containment pays off
...A staggered reopening from lockdowns, supported by fiscal stimulus, is likely paying off for Canada’s economy, with activity forecast to rebound in the current quarter twice as fast as in the United States, its biggest trading partner by far.
...Helped by a surge in employment, surging housing sales and gains in credit card spending, Canadian economic activity recovered in July to about 95% of pre-pandemic levels, BMO Capital Markets estimated.
https://www.reuters.com/article/us-...s-as-virus-containment-pays-off-idUSKCN25F29V
...A staggered reopening from lockdowns, supported by fiscal stimulus, is likely paying off for Canada’s economy, with activity forecast to rebound in the current quarter twice as fast as in the United States, its biggest trading partner by far.
...Helped by a surge in employment, surging housing sales and gains in credit card spending, Canadian economic activity recovered in July to about 95% of pre-pandemic levels, BMO Capital Markets estimated.
https://www.reuters.com/article/us-...s-as-virus-containment-pays-off-idUSKCN25F29V