Arab Today, arab today canada officially in recession in first half of 2015
Last Updated : GMT 22:28:34
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Canada officially in recession in first half of 2015

Arab Today, arab today

Arab Today, arab today Canada officially in recession in first half of 2015

The Canadian economy has slipped into recession
Ottawa - AFP

Government data confirmed Tuesday that Canada fell into a recession in the first half of the year marked by the weakest output since the 2008 global financial crisis.

According to Statistics Canada, the economy contracted 0.5 percent in the second quarter after retreating 0.8 percent in the previous three months.

 

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