[Jacks]

http://www.cbc.ca/news/business/gdp-...july-1.3249964

Canada's economy expanded by 0.3 per cent in July, down from June's 0.4 per cent growth but ahead of what economists had been expecting. Statistics Canada reported Wednesday that the expansion was broad based, with the mining, quarrying, and oil and gas extraction, manufacturing, and finance and insurance sectors all showing growth.
Economists had been expecting growth to come in at around 0.2 per cent.

Scotiabank noted in a commentary after the numbers were released Wednesday that while it's still early, the third quarter is currently tracking at 2.3 per cent annualized growth compared to the second quarter — well ahead of the Bank of Canada's forecast of 1.5 per cent, and further evidence the economy might be improving.
"[The] positive print for July GDP... further reinforces our understanding that the economy is turning higher into the third quarter," the bank said.
Benjamin Reitzes at Bank of Montreal agreed, saying "the back-to-back gains in GDP suggest that the economy rebounded firmly from the very weak first half of 2015."

Lies!! we need 10's of billions of dollars in deficit financed stimulus now!!