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Canadian economy expands








Ottawa, Dec 1 (IANS) Canada's real gross domestic product (GDP) grew just 0.1 percent in the third quarter this year, 0.6 percent at an annual pace, Statistics Canada announced.

The agency Friday said the GDP growth slowed from last quarter's 0.4 percent due to declines in exports and business investment, reported Xinhua.

Exports fell 2.0 percent in the third quarter, the largest decline since the second quarter of 2009, while business investment in non-residential structures and in machinery and equipment decreased 0.6 percent, following consecutive quarterly increases that began in the third quarter of 2009.

Following a 0.1-percent decrease in the previous quarter, business investment in housing has a further decline of 0.9 percent as housing resale activity slowed considerably.

The output of goods production declined 0.6 percent. Mining and oil and gas extraction and, to a much lesser extent, manufacturing and construction were the main sources of the decline.

On the other hand, household spending on goods and services advanced 0.9 percent, the fastest pace so far in 2012, representing almost the entire driver for the quarter.

 
Indo Asian News Service

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Your Comments on this News:

Posted Comments
Monica.admin at March 20 2014, 10:15

Quote:
Originally posted by MarianR

:-)



Thank you for bumping your thread to bring attention to your loan company. Fortunately CDs are much smarter. You may try to fish somewhere else - the sharks here will eat you instead of your bait.

Good luck.
M

MarianR at March 19 2014, 22:12

:-)
MarianR at March 5 2014, 01:58

Once the economy is recovering from economic turmoil, a lot of investment and expansion in company occurs. Being a part of the company with not so big compensation is better than being jobless. For you to be able to maintain in your position you must be a nice employee and co-worker having a good attitude. Article resource: https://personalmoneynetwork.com/payday-loans/" target="_blank">a good loan company that lets you pay back over time?

Full House at December 15 2012, 13:37
OUR GOVERNMENT CANNOT MAKE GOOD DECISIONS AND IN TIME.....

Canadian economy expands

Quote:
Originally posted by aegisisc

.



______________________________________________________

HERE IS THE FUTURE GROWTH BASED upon COMPETITIVENESS :

http://reports.weforum.org/global-competitiveness-report-2012-2013/

ON THE LEFT HAND SIDE IN THE DROP BOX....
Choose a country in the selection process and read what they are saying about them.

Interesting....

FH

aegisisc at December 14 2012, 02:55
Canadian economy expands
Removed. You can't promote your business in Charcha.
All Comments

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