Canada Q2 GDP declines 0.1%, an annualized drop of 0.4% vs. expectations of flat. The overall...

|By:, SA News Editor
Canada Q2 GDP declines 0.1%, an annualized drop of 0.4% vs. expectations of flat. The overall decline - the first since 2009 Q2 - is the result of a sharp drop in exports, while domestic demand continues to solidly expand. The loonie is up a hair vs. the dollar at $1.0241.