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Latest GDP numbers show Canada's economy is still growing, but signs of slowdown are everywhere

From cbc.ca

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. Oil and gas extraction grew by 1.8 per cent in September, led by a surge in oilsands extraction. The country set a high-water mark for crude bitumen production during the month, ahead of the record-setting output seen in July and August. Agricultural production also boomed during the month, as crop production ... (full story)

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  • Category: Fundamental Analysis