‘Struggling to grow:’ What economists are saying about Canada’s GDP ...Middle East

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Breadcrumb Trail Links News Economy Weak readings could keep the Bank of Canada interest rate on hold Published Sep 29, 2023  •  3 minute read The manufacturing sector declined 1.5 per cent, its second monthly contraction in row. Photo by James MacDonald/Bloomberg Article content Canada’s gross domestic product was flat for July, matching Statistics Canada’s early estimate but falling short of analysts’ expectations of 0.1 per cent growth. In its flash estimate for August, the agency expects GDP to rise 0.1 per cent. Article content The Bank of Canada is forecasting growth of 1.5 per cent in the third quarter, but some economists think this is too optimisti

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