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Economy stalled in November and may have contracted in Q4: StatCan
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Wings Magazine
THE CANADIAN PRESS/Geoff RobinsStatistics Canada says the economy stalled in November and early estimates suggest a decline in real gross domestic product for the final quarter of 2025.
Real GDP growth was flat in November, rebounding somewhat from a decline of 0.3 per cent in October, the agency said.
StatCan said drops in activity in goods-producing industries were offset by expansion on the services side of the economy.
Manufacturing faced a 1.3 per cent decline in November.
Retail trade expanded 1.3 per cent in November, StatCan said, more than offsetting two previous months of declines.