Canada Economy Stalls

Ottawa, Rabi’I 12, 1437, Dec 23, 2015, SPA — Canadian economic growth stalled in October, struggling soon after emerging from recession, as a rebound in the energy sector was offset by declines in manufacturing and retail activity, Statistics Canada (Statscan) said Wednesday.
Gross domestic product (GDP) was unchanged in October, missing economist forecasts for a 0.2 percent gain. GDP declined 0.5 percent in September.
The Canadian economy was in a mild recession in the first half of the year, hit by the shock of cheaper oil, a major export for the country. While growth resumed in the third quarter, the final quarter of the year started weakly.
21:14 LOCAL TIME 18:14 GMT