Canadian economy shrinks 0.6% in fourth quarter as inventory drops

Date:

Share post:




The Canadian economy ended the year on a softer note as a sharp decline in business inventories drove down real gross domestic product by an annualized 0.6% in the fourth quarter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

First National mortgage volumes fall 12% as housing activity slows

Higher renewal volumes partially offset weaker new business, while mortgages under administration increased to nearly $170 billion.

Capital One Transfer Bonus, Get 15% More Avianca LifeMiles

Capital One has a new transfer bonus that kicked off today. You can currently get a 15%...

Thousands in Amsterdam for boisterous WorldPride in shadow of Berlin attack

Thousands in Amsterdam for boisterous WorldPride in shadow of Berlin attack

Robinhood CEO Vlad Tenev Thinks AI Agents Could Transform the Crypto Market. Here’s What That Means for Investors

Agentic artificial intelligence takes automated trading to a new level. Unlike trading bots that follow preset rules, AI...