Ottawa, Nov 29, 2024 (AFP) - Canada economic growth slows to 1.0% in third quarter

NAMPA / AFP

2024-11-29

Canada's economic growth slowed in line with expectations to 1.0 percent in the third quarter, the national statistical agency said Friday. Household and government spending were up, but lower investment and exports along with a slower accumulation of business inventories dampened growth, said Statistics Canada. The third quarter reading follows two quarters of stronger but still modest growth -- 2.2 percent revised upward in the second, and 2.0......

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2024-11-29 20:31:54

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