December 12, 2024 01:46 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | Bengaluru techie's suicide: Atul Subhash's wife and her family booked | INDIA bloc to knock on Supreme Court's doors over alleged EVM manipulation during Maharashtra polls | 'Babri Masjid should be rebuilt in Bengal's Murshidabad': TMC MLA Humayun Kabir sparks row | Rajnath Singh calls on Russian Prez Vladimir Putin in Moscow, discusses bilateral defence cooperation | Police to investigate conspiracy angle in Mumbai bus accident that killed 7 | Mamata Banerjee should lead INDIA bloc: Lalu Prasad Yadav | Opposition moves no-confidence motion against VP Jagdeep Dhankar in RS

Canada's GDP in August declined by 0.1%

| @indiablooms | Nov 01, 2017, at 05:03 am

Ottawa, Oct 31 (IBNS): Canada's Gross Domestic Product (GDP) growth declined by 0.1% in August, media reports said.

The goods-producing industries have seen a decline by 0.7%.

Apart from manufacturing, oil and gas production has also declined.

Bank of Montreal economist, Doug Porter, was quoted by CBC News: "The run of amazing Canadian economic data is officially over, with growth coming back to reality in hurry."

Oil and gas production has gone down for the third consecutive month.

The service sector has seen a marginal growth, 0.1%.

This has turned out to be the first monthly decline since October 2016, report said.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Xi Jinping, Putin in Russia Mar 22, 2023, at 08:26 pm