Canada's gross domestic product was unchanged in August before likely expanding by 0.3 per cent in September, data showed on Thursday, indicating the economy missed the central bank's growth forecast for the third quarter.
A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, Wednesday, Sept. 4, 2024. Canada's gross domestic product was unchanged in August before likely expanding by 0.3 per cent in September, data showed on Thursday, indicating the economy missed the central bank's growth forecast for the third quarter.A 1.
In addition to manufacturing, the transportation and warehousing sector also weighed on the economy in August. Rail transportation, hit by work stoppages at Canada's two biggest rail companies, was the largest contributor to the decline in the transportation sector.Thursday's GDP figures are based on Canada's industrial output while quarterly figures, which will be released next month, are based on an alternate calculation and can differ.
Two cute, fluffy alpacas brought a smile to commuters’ faces Wednesday morning as they rode the GO Train from Scarborough to Union Station in advance of the Royal Agricultural Winter Fair, which kicks off this weekend.
Hundreds of people ran to the music of German composer and pianist Beethoven Wednesday night in a unique race in Halifax.VancouverWith Americans set to elect a new president Tuesday, new data shows there's a spike in interest in Canadian real estate.Rehab after suffering a stroke or experiencing another debilitating condition can be gruelling, but Fraser Health has two new robotic tools it hopes can improve patient outcomes.
A Calgary Uber driver is alerting others about a racially motivated incident that occurred in his vehicle last month, following a pick-up of a passenger. It was all caught on camera.Canada's home ownership crisis is likely to worsen over the next few years as proposed project sales languish at historically low levels, stalling the funding needed for construction, half a dozen economists and realtors told Reuters.As of Oct.
Environment Canada issued weather alerts Wednesday in anticipation of heavy rain and the first accumulating snowfall of the season in the northeast with up to 10 cm expected.The U.S. presidential election is Nov. 5, when millions of Americans will cast their vote for the country’s next leader — whoever earns more votes though, may not end up in the Oval Office.
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