The agency says figures for the first nine months of 2023 have already surpassed the total growth in any other full year
Soft landings are in sight for Canada and the U.S., according to outlook reports from Scotiabank and BMO
Economists expect Bank of Canada to remain on hold amid economic weakness
The organization projects that recessions will be avoided "almost everywhere"
Consumer spending puts economy on track for 5.2% annual growth, up from 4.9% estimated last quarter
StatsCan's preliminary estimate for Q3 suggested the economy shrank at an annualized rate of 0.1%
The result came amid higher prices and interest rates
Federal deficit projected to rise to $46.5 billion in 2023-24, up from an estimated $38.7 billion for 2022-23
Revises April forecast, when it predicted 0.4% growth
Services-producing industries gained 0.1% in the month, goods-producing industries contracted 0.3%