As expected, Canada’s third quarter real Gross Domestic Product showed positive growth of 0.1 percent, officially ending the recession in Canada. The volume of imports and exports also increased during the quarter, and the output of services-producing industries increased 0.6 percent. Goods-producing industries however, fell 1.4 percent due mostly to temporary shutdowns in the mining and oil-and-gas extraction sectors.
3rd Quarter Growth Ends Recession in Canada
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