Canadian GDP rose by 0.1 percent in June, with growth of 0.8 percent in the second quarter of this year, according to Statistics Canada on Wednesday..... To be continued

On the other hand, Statistics Canada said that the economy grew at an annual rate of 3.3 percent in the second quarter of the year.

Statistics Canada indicated that the Canadian economy grew at an annual rate of 3.3 percent in the second quarter, with growth largely driven by increased business investment in inventories and household spending.

Furthermore, Statistics Canada released its latest monthly and quarterly real GDP reports this Wednesday morning, which showed that the economy grew for the fourth consecutive quarter.

According to the federal agency, real GDP grew by 0.8 percent in the second quarter, while it increased by 0.1 percent in June.

The report says that businesses intensified their investments in inventories, engineering structures, machinery, and equipment.

Meanwhile, household spending on semi-durable goods rose, driven by increased spending on clothing and footwear as more people returned to offices.

At the same time, housing investment declined in the second quarter along with household spending on durable goods.