Canada's economy expands by just 1%, chances of big rate cut jump
Canada's economy grew at an annualized rate of just 1% in the third quarter, less than what the Bank of Canada had predicted, prompting currency markets to boost bets for a jumbo rate cut next month.
Canada's economy misses BoC forecast, pushing up odds of jumbo rate cut in December
"Living standards are falling, policy is still restrictive, and inflation is at target – there is no convincing argument in the data as to why the Bank of Canada shouldn’t keep going at a 50 basis point pace in December," said Kyle Chapman, FX market analyst at the London, U.K.-based Ballinger Group.
Canada Growth Slows to 1% in Third Quarter
Canada’s economy lost steam in the July-to-September quarter with a fall in business investment and exports, likely leaving room for the central bank to continue lowering interest rates to help spark growth.
VIEW Canada's economy expands by 1% in the third quarter
Canada's economy grew as expected at an annualized rate of 1% in the third quarter, according to data released on Friday, helped by household and government spending and partly offset by lower business investments and exports.
Canada Economic Growth Slows To 1.0% In Third Quarter
Canada's economic growth slowed in line with expectations to 1.0 percent in the third quarter, the national statistical agency said Friday.
GDP slows to 1% in the 3rd quarter: Statistics Canada
New numbers out today are giving us an idea on the health of Canada's economy. Stats Canada released the latest GDP information for the month of September, and for the third quarter. CBC business host Scott Peterson has the details.
Instant view: Canada's economy expands by 1% in the third quarter
Canada's economy grew as expected at an annualized rate of 1% in the third quarter, according to data released on Friday, helped by household and government spending and partly offset by lower business investments and exports.
Canada's economy misses BoC forecast, expanding 1 per cent annually in the third quarter
Canada's economy grew 1 per cent annually in the third quarter, Statistics Canada said on Friday, as real gross domestic product (GDP) expanded by 0.1 per cent in September. The quarterly results were in line with economist expectations.
Canada's economy up 1.0% annualized in Q3, October GDP likely up 0.1%
Canada's economy was up 1.0% on an annualized basis in the third quarter, in line with analysts' expectations, as higher ...
Canadian dollar posts third straight monthly decline as economy slows
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The Daily Chase: More evidence Canada’s economy is slowing
Canada’s competition watchdog has set its sights on Google-owner Alphabet, suing the tech giant for allegedly abusing its ...
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Ask an expert: Could Canada's economy really get crushed by Trump's threatened tariffs?
U.S. President-elect Donald Trump's proposals for massive tariffs on Canadian goods has spooked many. Dr. Brian Bow explains ...
Trump's tariffs on Mexico, Canada would sharply boost inflation, hurt economy, experts say
President-elect Donald Trump's threatened tariffs on imports from Mexico and Canada would reignite inflation in 2025, hurt ...
Canada weighing how to retaliate if Trump imposes 25% tariffs
A full-blown trade war between the U.S. and Canada could lead to a recession in both countries, economist says.
Trump’s tariffs in his first term did little to alter the economy, but this time could be different
Donald Trump loved to use tariffs during his first presidency. But their impact was barely noticeable in the overall economy, ...
Fact Check: Trudeau announced Canada immigration cuts, not freeze
Canada's Prime Minister Justin Trudeau’s Oct. 24 announcement that his government would lower the number of immigrants ...