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Canada 3Q GDP Rises Strong-Than-Expected 2.9% -- Update

Por: MarketWatch Business November 29, 2022

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Gross domestic product, a broad measure of goods and services produced in the economy, rose 2.9% at an annual rate in the third quarter to 2.19 trillion Canadian dollars, the equivalent of $1.62 trillion, Statistics Canada said Tuesday. The rise topped market expectations for growth of 1.5% for the latest quarter, according to economists at TD Securities, though it was slower than the 3.2% advance in the second quarter of the year, which was... + full article



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