Canada’s GDP managed to grow for the first time in four months in July, even as the economic impacts of American tariffs began settling in, according to Statistics Canada. On Friday, the agency reported that the gross domestic product increased by 0.2% in July compared with the month prior. In addition, Statistics Canada gave a preliminary estimate for August’s reading to show that the economy was “essentially unchanged in the month.” July’s figure was slightly higher than the 0.1% increase most analysts polled were expecting. …“Canada’s economy is tracking very soft growth in Q3. While not a recession, it’s still an economy that’s bumbling along,” said Derek Holt at the Bank of Nova Scotia. “The combined effect leaves us tracking growth of only about 0.7 per cent at a seasonally adjusted and annualized rate in Q3 — that’s hardly much of any rebound from Q2.”