This is breaking news from CJAD 800
Real GDP per capita declines for sixth consecutive quarter, household savings rise |
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| Statistics Canada says the economy grew at an annualized pace of one per cent during the third quarter, in line with economists' expectations.
The agency's gross domestic product report says higher household and government spending was partly offset by slower non-farm inventory accumulation, lower business capital investment and lower exports.
Real GDP per capita fell 0.4 per cent in the quarter, marking the sixth consecutive quarterly decline. Tune in to CJAD 800 for continuing coverage: 800 AM, 107.3 HD-2 in Montreal, on the iHeartRadio Canada app, ask your smart speaker to play CJAD 800 or click the link below. |
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