The Canadian Press

2015-10-30 | Statcan GDP

Preview Clip

The pace of economic growth in Canada has slowed, but there's still some progress. StatsCan says the economy grew by 0.1 per cent in August, after increases of 0.4 per cent in June and 0.3 per cent in July. Scotiabank economist Derek Holt says the June and July figures were just too strong to keep going. (Holt says the August rate of 0.1 per cent was in line with expectations.)

Date: 2015-10-30
Placeline: TORONTO.
Source: The Canadian Press
Length: 13 seconds

Transcript Prediction: << there's a bit of a slow down compared to the gym July. But I kind of look at more of the trend because I think what was going on in July and August was positive but unsustainable at the rate at which we saw growth >>