Monday, August 31, 2009

Canada's economy shrunk more in the Second Quarter compared to the First Quarter than any other G7 nations:

 

Japan 0.9 % Growth

Germany 0.3 % Growth

France 0.3 % Growth

United States 0.3 % Decline

Italy 0.5 % Decline

Britain 0.8 % Decline

Canada 0.9 % Decline

(Source: OECD, http://www.oecd.org/dataoecd/62/27/43514819.pdf, StatsCan)

 

 

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