Canadian economy grew by 0.1% in October, Statistics Canada says - BNN Bloomberg

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Canadian economy grew by 0.1% in October, Statistics Canada says - BNN Bloomberg
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The Canadian economy grew slightly in October with the latest reading on real gross domestic product coming in higher than expected.

The Canadian economy grew slightly in October with the latest reading on real gross domestic product coming in higher than expected.

Still, despite nine months of uninterrupted gains, Statistics Canada said air transportation's activity level in October was about 34 per cent below pre-pandemic levels. The cool down in the goods-producing industries in October was led by a decrease in mining, quarrying, and oil and gas extraction and weakening in the manufacturing sector.

October's 0.1 per cent growth followed September's upwardly revised uptick in real GDP of 0.2 per cent.

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