👉Statistics Canada reports a 0.2% growth in the Canadian economy for November, marking the first expansion in six months. A preliminary estimate suggests a 0.3% increase in real gross domestic product for Q4, following a 1.1% decline in Q3, potentially leading to a 1.5% growth for 2023. The economy, impacted by higher borrowing costs, has managed to avoid a recession. November's growth is attributed to gains in goods-producing industries, including manufacturing and wholesale trade, although the education services sector shrank due to strikes in Quebec. The Bank of Canada and private sector economists anticipate continued weak growth in H1 2024, with a rebound expected in H2. Rate cuts are anticipated in the spring to aid economic recovery.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #CanadianEconomy #EconomicRecovery #GDPGrowth #BankOfCanada #InterestRates #FinancialOutlook #Q4Performance #mnm #malayalisnearmeapp #canadaupdate #canadanews