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Canada out of recession, GDP grows 2.3%

Canada has climbed out of the recession that nudged the economy into reverse over the first half of 2015, but a rebound in growth during the third quarter has already shown signs of lost momentum.

Statistics Canada says Tuesday that the GDP grew at an annualized rate of 2.3% during the three-month period that ended in September. The GDP received boosts from improved performances in exports and household consumption, the federal agency says.

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