Ross Prusakowski in Ottawa sends this from the Globe and Mail, "Canadian economy expands 1.3%." Key quote:
It was the strongest pace of growth in a year, and made Canada one of the few advanced countries in the world to show any expansion between July and September. But it is not expected to last, economists said.
"Though the third-quarter gross domestic product data was a nice surprise, the writing is on the wall for the fourth quarter, which is shaping up to be pretty ugly," said Charmaine Buskas, economics strategist for TD Securities, calling the third-quarter growth Canada's "last hurrah."
Brace yourselves, True North.
categories: News
Comments
Please note that all comments must adhere to the NPR.org discussion rules and terms of use. See also the Community FAQ.
You must be logged in to leave a comment. Login | Register
More information needed to participate in the NPR online community.. Add this information