Canada’s economy shrank in November as many sectors contracted

Source: CBC News, January 31, 2019 

The economy seems to have see-sawed in the 3 months up to November, StatsCan says

Canada’s gross domestic product declined by 0.1 per cent in November, as everything from manufacturing to construction, oil and gas, and finance all shrank.

Statistics Canada reported Thursday the economy seems to have see-sawed in the three months up to November — shrinking by 0.1 per cent in September, then growing by 0.3 per cent in October before shrinking again.

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Image Source: Jeff Kowalsky/Bloomberg

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