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

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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.

Air transportation rose 5.5 per cent in October to the highest level of activity since February 2020’s pre-COVID-19 pandemic level.

Activity in food services and drinking places increased by 2.1 per cent in October, offsetting a 1.6 per cent decline in accommodation services that month..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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it's actually larger... it's just cold outside

Actual accurate headline: Canadian economy contracted substantially in real terms

Suuure, keep telling yourself that 🤮

thanks useless jihadi justin

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