Where can I find the latest news about the Canadian economy?
Visit RT to read the latest news on the economy of Canada. Do not miss the latest updates on the news about the Canadian economy. Find all the latest news about the priorities for the economy of Canada, including GDP, trade activity, export and import, reforms in key sectors, business, sanctions, and more.
What is Statistics Canada's latest reading on economic growth?
THE CANADIAN PRESS/Justin Tang Statistics Canada will release its latest reading on economic growth this morning. The federal agency is scheduled to release gross domestic product figures for September and the third quarter. Statistics Canada's preliminary estimate for the third quarter suggests the economy grew by 0.4 per cent.
How did Canada's economy perform in September?
Canada's economy expanded slightly in September, with the country's gross domestic product growing by 0.7 per cent during the third quarter. Statistics Canada reported Tuesday that exports in goods producing industries led the way during the quarter, offsetting service sector output that was essentially flat.
Is Canada in an economic recession?
More than 80 per cent of Canadian respondents said they believe prices will keep going up, and 59 per cent say they think Canada is in an economic recession. At the same time, the unemployment rate in Canada fell to another record low of 4.9 per cent in June, according to Statistics Canada. Inflation keeps rising, will recession follow?