O, Canada! 

In a world filled with struggling economies, Canada’s economy stays growing. 

  • The Canadian economy grew at an annualized rate of 2.9% in Q3.

Real domestic product in the third quarter increased by 0.7% – above expectations.

What led to the growth? Economic growth was sparked by an increase in exports and business investment in inventories. The rise in exports was driven by an increase in crude oil and bitumen shipments.