Canada’s oil industry led economic growth in May — but will it continue?

Source: Rebecca Joseph, Global News, August 1, 2018

As Canada’s GDP grew in May, the oil sector led the way with a 2.5 per cent increase.

Oil has been moving up steadily in the past year, reaching prices not seen since 2014, offering more reprieve to the beleaguered market.

But is this growth going to continue and has the oil industry gotten out of its rut?

Not necessarily, economists say.

Read full article here….

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