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Canada services PMI falls further into contraction in August

S&P Global said its Canada services purchasing managers index slid to 46.8 in August, as weakening activity reflected uncertainty weighing on confidence and sales.

SPY

By Robb M.

StewartActivity in Canada's services industry continued to weaken last month as uncertainty was still weighing on confidence and sales, data released Thursday showed.The S&P Global Canada services purchasing managers index declined to 46.8 in August, in what was the sharpest retreat sinc…