The Canadian GDP expanded by 0.3% from the earlier quarter in the three months to September of 2024, slowing from 0.5% expansions in the first two quarters of the year, in line with market expectations.

Canada's economy was up 1.0% on an annualized basis in the third quarter, in line with analysts' expectations, as higher household and government spending were moderated by slower non-farm inventory accumulation,

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Canada's economy grew as expected at an annualized rate of 1% in the third quarter, according to data released on Friday, helped by household and government spending and partly offset by lower business investments and exports.

The Canadian economy grew at an annualized rate of one per cent in the third quarter, Statistics Canada said on Friday.

Canada's economic growth slowed to 1.0 percent in the third quarter, impacted by lower investment, exports, and reduced business inventories accumulation. Household and government spending increased,

The Canadian economy underperformed the Bank of Canada's call for 1.5 per cent annualized growth in the third quarter, and per-capita GDP fell for a sixth consecutive quarter.

Statistics Canada is set to release third quarter gross domestic product figures this morning. The agency's preliminary estimate pointed to one per cent annualized growth over the three-month period.