Credit: REUTERS/TODD KOROLOTTAWA, 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)
((julie.gordon@thomsonreuters.com; 613-235-6745; Reuters Messaging: julie.gordon.thomsonreuters.com@reuters.net))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
