Canada’s economy unexpectedly stalled in Q4; January rebound likely
TORONTO (Reuters) – The Canadian economy recorded no growth in the final three months of 2022, massively underperforming expectations, though economic activity likely rebounded with a 0.3% increase in January, Statistics Canada data showed on Tuesday. STORIES: Market reaction: CAD/ LINK: COMMENTARY ANDREW GRANTHAM, SENIOR ECONOMIST, CIBC CAPITAL MARKETS “The Canadian economy surprisingly stalled in …
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