-18.3 C
Ottawa
Saturday, February 7, 2026

Canadas Economy Shrank by 0.3 Percent in October: StatCan

Date:

Workers stack and sort as softwood lumber is cut at Groupe Crete, a sawmill in Mont-Blanc, Que., on Jan. 20, 2025. The Canadian Press/Christinne MuschiCanada’s Gross Domestic Product (GDP) shrank by 0.3 percent in October due to a contraction in industries producing goods and services, according to Statistics Canada.The numbers come following the agency’s September report, which showed the GDP grew by 0.2 percent. 

spot_imgspot_imgspot_img

Share post:

More like this
Related

Ottawa May Be Delaying Taiwan Trade Deal to Avoid Upsetting China, Taipeis Envoy Says

Harry Ho-jen Tseng, head of the Taipei Economic and...

Falun Gong and Chinas Largest Civil Disobedience Movement | Levi Browde

In this episode, Levi Browde, executive director of the...

Stellantis Selling Stake in Windsor Battery Plant as It Takes $35B Hit From EV Shift

Aerial view of the NextStar Energy EV battery plant...

Judge Trims Sentence in Alberta Sex Assault Case Due to Indigenous Heritage

The sign of the Calgary Courts Centre is seen...