Canada's gross domestic product expanded at a 2.8 per cent annual pace in the past three months, Statistics Canada said today, much better than expected by economists.
The steep drop in crude prices that continued Friday hurts oil-rich provinces like Alberta and Newfoundland, but Ontario comes out a winner thanks to increased demand for auto production and overall exports.
WEST HARTFORD, Conn./CHICAGO Nov 28 (Reuters) - Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S.
A new study from the C.D. Howe Institute suggests Canadians are filing fewer bright ideas these days through patent applications. The Toronto-based think-tank says all provinces have seen a decline in application rates over the past decade.
OTTAWA Nov 28 (Reuters) - The Canadian government ran a budget deficit of C$744 million ($653 million) in the first six months of the 2014/15 fiscal year, down from C$10.35 billion in the April-September period of 2013, the finance department said on ...