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1.Canada's economy expanded by...0.1 percent in the second quarter...further evidence that the economy has slowed... Exports....fell for the fourth consecutive quarter. The accumulating gloom is

1.Canada's economy expanded by...0.1 percent in the second quarter...further evidence that the economy has slowed... Exports....fell for the fourth consecutive quarter. The accumulating gloom is increasingly discouraging business investment. Consumer spending remains strong and corporate profits were at their highest since 2004. "The sources of strength in the second quarter are clearly unsustainable," said Sal Gautieri, senior economist at BMO capital markets.

According to the article above, at which stage of the business cycle is the Canadian economy in? Explain your answer

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