Posted AT 4:20 PM EDT on 30/09/04
Canadian economy falls short
Canadian economic growth fell short of expectations in July as a higher dollar kept visitors away and rising crude prices did little to stimulate activity in the country's oil patch, Statistics Canada said Thursday.
Overall, gross domestic product — the broadest measure of economic activity — edged ahead by 0.1 per cent in the first month of the third quarter.
Most economists had expected an increase closer to 0.3 per cent.
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