OTTAWA, Ont. - The country's economy advanced for the 14th consecutive month in September, growing by 0.2 per cent, according to Statistics Canada. And transportation was one of the sectors leading th...
OTTAWA, Ont. – The country’s economy advanced for the 14th consecutive month in September, growing by 0.2 per cent, according to Statistics Canada. And transportation was one of the sectors leading the way, with a 0.7 per cent increase in trucking, urban and air transportation.
The government agency warns, however, that 0.2 per cent is roughly half the rate of growth for the Gross Domestic Product of the previous three months. September’s slower rate notwithstanding, Canada has now enjoyed the longest uninterrupted string of monthly gains in more than a decade. The slower growth in September resulted from what Statistics Canada called a weakness in computer wholesaling, a lacklustre month for retailers and an easing of auto production. n
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