The Canadian economy managed to avoid a recession in the third quarter, according to the latest report from Statistics Canada, which says Gross Domestic Product, or GDP climbed 0.6 per cent on average from July through September.
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Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.This follows the second quarter, which saw the economy’s productivity decline by 0.5 per cent on average from April through June.
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Guilbeault resigns from cabinet after Carney signs Alberta pipeline deal
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Most economists and financial analysts define a technical recession as two straight quarters where the economy shrinks.
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Shoppers brace for financially challenging holidays
Federal and Alberta governments sign pipeline Memorandum of Understanding
Vancouver hospitality industry calls for immediate shutdown of three SROs
Alberta’s economy remains in the red with tweaked $6.4B deficit
Shoppers brace for financially challenging holidays
