MNI: Canada Escapes Recession With Flash Q3 GDP At +0.4% Pace

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Oct-31 12:30By: Greg Quinn
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Canada just avoided recession in the third quarter with a flash estimate showing a 0.4% annualized GDP gain, supporting the idea the central bank's rate cut on Wednesday is the last one of the cycle. The annualized pace is backed by a 0.1% quarter-o...