Monday, February 2, 2015

Canadian Eonomy Unexpectedly Shrinks In November Amid Weaker Manufacturing

The Canadian economy unexpectedly shrank in November amid weaker manufacturing, mining, oil and gas extraction, recording the first contraction in almost a year. According to Statistics Canada, Canada's economic output fell 0.2% month-on-month in November, following the 0.3% rise in the preceding month. This translated into a 1.9% annual expansion.



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