81200
Canada Sees Progress
Canada Sees Progress

Canada Sees Progress

Canada Sees Progress

The Canadian economy accelerated in November by the most in six months, with growth broad-based across a number of sectors including manufacturing, oil and gas extraction, and real estate, data from Statistics Canada showed on Wednesday, Reuters reported. Gross domestic product rose by 0.4% from the previous month, in line with economists’ expectations and the biggest increase since May 2017. October’s flat reading was unrevised. Growth was widespread as goods-producing industries led the way higher with a 0.8% gain. The manufacturing sector jumped 1.8%, its biggest gain since February 2014, helped by increased manufacturing of vehicles and parts. The oil and gas extraction subsector climbed 1.6% as some facilities continued to get back to normal capacity after maintenance that started in mid-September. Among the services industries, the real estate sector rose 0.4% as activity by agents and brokers increased for the fourth month in a row on higher home sales in Ontario and Alberta.

 

Short URL : https://goo.gl/CnUVP2
  1. https://goo.gl/3t5Fbx
  • https://goo.gl/Bb1ouy
  • https://goo.gl/vLDrJv
  • https://goo.gl/CqKiBm
  • https://goo.gl/nwdgyF

You can also read ...

Federal Reserve Board Chairman Jerome Powell speaks during a hearing before the Senate Banking, Housing and Urban Affairs Committee.
US Federal Reserve Chairman Jerome Powell said protectionism...
India Launches 888 Anti-Dumping Probes
The Indian government has initiated as many as 214 anti-...
Fitch Retains Philippine  Debt Rating
Global debt watcher Fitch Ratings kept the Philippines’...
Lloyds Loses Mortgage Market Share
Lloyds lost market share in UK mortgages last year as Royal...
EU to Fine Google $5 Billion
Google will be fined about €4.3 billion ($5 billion) by the...
Shifting transactions from cash to digital payments holds great promise for  individuals, businesses and governments.
More than 23% of the world's economy operates out of sight of...
UN to Help Rebuild Gaza Economy, Create Jobs
Against the backdrop of rapidly rising tension, violence,...
Copper Prices to Go on Steroids
Copper’s slump amid a deepening global trade conflict offers a...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus