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Statistics Canada says economy grew by 0.1 per cent in October

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Statistics Canada says real gross domestic product grew by 0.1 per cent in October.

The Bank of Canada hiked its key policy rate by half a percentage point to 4.

25 per cent -- the highest it's been since January 2008 -- on Wednesday in its final rate decision of a year that has been marked by stubbornly high inflation and rapidly increasing interest rates.As inflation continues to take its toll, some Canadians may also start taking a closer look at their spending habits. In 2019, only around half of Canadians said they had a budget, according to a survey by the Financial Consumer Agency of Canada.

 

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Just wait for 1st & 2nd quarter and how much GDP shrink and any data from statistics canada not 100% reliable they publish data how liberal wants

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Statistics Canada to release GDP figures for October - National | Globalnews.caIn a preliminary estimate released last month, Statistics Canada said real GDP was essentially unchanged for the month, with the economy neither expanding nor contracting.
Source: GlobalNational - 🏆 81. / 51 Read more »