Canada GDP July 2018 – Business Insider

Canadian
Prime Minister Justin Trudeau addresses the press about the
impending death sentence of Saudi activist Israa
al-Ghomgham.
Screenshot/Global News
Canada

Canada reports July gross domestic product on Friday. Economists
are expecting an increase of 0.1% month-over-month and 2.2%
year-over-year. 

Economic growth accelerated in the second quarter at the
fastest pace in a year, driven by sharp increases in exports and
consumer spending. But June saw a flat reading as a major
outage at a Canadian energy facility weighed on oil and gas
output. 

The data will come the same day the US is expected to
publish text of a bilateral trade agreement with Mexico.
President Donald Trump has threatened to exclude Canada from a
final NAFTA agreement and to impose tariffs on its car imports to
the US.

Canada could presumably join the deal later — if it makes
concessions on key sticking points including access to its
protected dairy market and rules on resolving trade
disputes.