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 Growth Slows to 1% in Third Quarter
Canada’s economy made a sluggish start to the final months of the year after growth cooled in the third quarter, reigniting debate over whether the central bank may opt for another outsize rate cut in December.
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.
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.
Instant View: Canada's Economy Expands by 1% in the Third Quarter
TORONTO (Reuters) - 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.
Canada's economy grew 1% in the third quarter from higher government, household spending
The Canadian economy grew at an annualized rate of one per cent in the third quarter, Statistics Canada said on Friday.
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 ...
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Rising onward migration of skilled immigrants threatens Canada’s economy
Canada is facing an increasing challenge as a growing number of skilled immigrants, including permanent residents, are leaving the country.
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