12 of 20 sectors gained ground as the manufacturing sector grew 1.2%
GDP rocketed to an annualized pace of 2.9%
The pieces are in place for another Bank of Canada policy interest rate hike this fall, economist says
Canada added 82,000 of the less desirable part-time positions in July while losing 28,000 full-time jobs
Exports increased by 4.1% from May to a record $50.7 billion, thanks in most part to energy products and aircraft
May GDP growth of 0.5% beat expectations as the oil and gas sector led the way with a 2.5% increase
Retail, manufacturing and wholesale strength will push May GDP even higher
The gains more than made up for the drop seen in April
Although the indicator increased to its highest level since 2011, the surveys were completed before the U.S. tariffs on steel and aluminum were announced
Gains in the manufacturing and utilities sectors more than offset declines in construction and in mining, quarrying, and oil and gas extraction