November 13th, 2024

Canadian Press NewsAlert: Canadian economy grew by 0.1% in November

By The Canadian Press on January 31, 2023.

People shop for produce at the Granville Island Market in Vancouver, on Wednesday, July 20, 2022. Canada's inflation rate was up 8.1 per cent in June compared with a year ago, its largest yearly change since January 1983. Statistics Canada will release its November reading of gross domestic product this morning.THE CANADIAN PRESS/Darryl Dyck

OTTAWA – Statistics Canada says the economy grew by 0.1 per cent in November.

A preliminary estimate from the federal agency suggests real gross domestic product grew by an annualized rate of 1.6 per cent in the fourth quarter.

More coming.

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