Friday, March 29, 2024

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Economic growth falls short of target

First Published:

StatsCan says the country’s economic growth rate slowed to a crawl at 0.6 percent in the third quarter.

It says Canada’s gross domestic product rose just 0.1 percent compared to the second quarter. Lower exports and business investment are blamed. The GDP growth was below what economists had been expecting. But despite the reality of the situation, some remain optimistic. Marvin Ryder of the DeGroote School of Business joins us.


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