• Q1 growth was 2.5%
  • June GDP fell 0.5% m/m vs 0.4% exp
  • In May, GDP rose 0.2%

Mixed bag here with a better number for Q2 but the strength was at the start of the quarter. In June, the economy hit a wall and the 0.5% m/m decline was the worst reading since the crisis.

Canadian GDP m-m August 30 2013

Canadian GDP m/m