Digital economy now contributes more to GDP than many traditional sectors, StatsCan says
Goods-producing and services-producing industries both declined
Jump suggests economy had solid momentum going into the April-June quarter
The gain reflected a big jump stockpiling by businesses and a sharp contraction in the trade deficit
Canadian direct investment abroad jumped by 10.4% to $1.3 trillion in 2018
The drop followed an 11.2% gain the previous month
Sentiment hits negative territory for the first time since 2016
Canadian home prices drop for sixth consecutive month
Economists say the recent yield curve inversion isn’t necessarily indicative of a looming recession
Housing starts climbed to 192,527 units last month, according to CMHC