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The Canadian economy started the year with healthy growth, reaching 3.1% in Q2 2014. However, in July Canada’s economic growth took a pause as global economic conditions moderated. The Quebec economy grew at a rate of 0.8% in the first half of 2014. Quebec’s real GDP growth is expected to end the year at 1.8%, as domestic demand continues to be weak. The labor market remains stagnant, with the unemployment rate at 7.9% in the second quarter of 2014.
Source : Cushman & Wakefield
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