Canada's Q2 annualized growth falls record 38.7%
OTTAWA, Aug 28 (Reuters) - Canada's second quarter annualized growth sank by a record 38.7% as businesses and stores were shuttered during the quarter to slow the spread of the coronavirus pandemic, Statistics Canada said on Friday.
June real GDP rose by 6.5%, offsetting some of the March and April declines, but economic activity still remains below pre-pandemic levels.
(Reporting by Julie Gordon in Ottawa; Editing by Alex Richardson)
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