The Canadian economy stalled in October, while retail sales rose less than expected, the latest signs that the country was struggling to regain momentum shortly after emerging from a mild recession.
Advertisement
Video Shows Panthers Confronting Odell Beckham With Bat Before He Headbutted Rival
Without him, the Giants (6-8) would be missing their best offensive weapon as they try to stay alive in the NFC East race. As impressive as he’s been, it will be a major liability for Giants quarterback Eli Manning if Beckham isn’t in the game.
He said the new numbers pushed him to revise BMO’s Q4 growth rate from 1.5% to a “micro” 0.5% annualized rate.
Preston Christmas bin and recycling collections to be disrupted
Recycling collections are also affected and households are being urged to put out any additional recycling in untied carrier bags. This year they have warned that anyone putting out extra rubbish beside their wheelie bin will have to deal with it themselves.
While the mining, oil and gas sectors managed to post 0.7% growth, those gains were offset by declines in other areas of the economy. Although growth resumed in the third quarter, the final quarter has had a weak start.
Rajya Sabha adjourned briefly over Ram temple issue
Kurien said there was no confusion after Naqvi’s statement that the government and party will go by the court verdict. The government and the BJP are of the view that the court decision on the dispute should be accepted, he said .
Data released Wednesday (December) by Statistics Canada revealed the economy did not grow at all throughout October.
But that was offset by a 0.3 percent decline in manufacturing and a 1.4 percent drop in the utilities sector due to declines in natural gas distribution.
Canada’s economy didn’t grow in October, and that has analysts wondering if the central bank could be eyeing another cut to its key lending rate. Market expectations were for a 0.2% rise.
Advertisement
Total retail sales increased by a seasonally adjusted 0.1%, compared to forecasts for a 0.4% gain, after falling 0.4% in September. Core sales fell by 0.4% in the prior month.
