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Canada GDP Shrinks 1.1% in 3Q -- Update

Por: MarketWatch Business November 30, 2023

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Gross domestic product, a broad measure of goods and services produced across the country, declined at a seasonally adjusted annualized rate of 1.1% for the three months, Statistics Canada said Thursday. That followed growth of 1.4% in the second quarter, a revision from an earlier estimate the economy contracted 0.2%. It marks the first downturn since the final quarter of last year, and is the steepest fall in GDP since the second quarter of... + full article



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