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More information Related products Gross domestic product by industry Balance of international payments National economic and financial accounts Overview PDF version Canadian economic accounts quarterly review

Second quarter 2002

Overview

National economic and financial accounts, second quarter 2002
Real gross domestic product (GDP) grew 1.1% in the second quarter on continued strong consumer spending, a pick-up of business investment in machinery and equipment and the rebuilding of inventory.

Canada's balance of international payments, second quarter 2002
In the second quarter of 2002, the seasonally adjusted current account surplus was $4.9 billion. While the surplus fell $0.4 billion, it remained above $4.0 billion for the tenth consecutive quarter, a level never reached before 2000.

Gross domestic product by industry, second quarter and June 2002
After a strong start to the quarter, economic growth lost momentum as GDP edged up only 0.1% in June, the same as in May.



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Date Modified: 2003-10-16 Important Notices