Daily Drilling Licenses Issued
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Canada’s Economy Unexpectedly Stalled in July on Oil
Canada’s gross domestic product
was little changed in July as a drop in oil and gas production offset gains in manufacturing.
Output remained close to an annualized C$1.63 trillion ($1.46 trillion) in July following six monthly increases, Statistics Canada said today in Ottawa. The median forecast in a Bloomberg economist survey
with 14 responses was for output to expand 0.3 percent.