Fabricator Mike Caldarino uses a grinder on a steel stairs being manufactured for a high school in Redmond, Wash., at George Third & Son Steel Fabricators and Erectors, in Burnaby, B.C., on March 29, 2018. Canada’s economy contracted slightly in October, with real gross domestic product down 0.1 per cent from September. Statistics Canada says that October’s decline in GDP was the first in eight months. THE CANADIAN PRESS/Darryl Dyck

Fabricator Mike Caldarino uses a grinder on a steel stairs being manufactured for a high school in Redmond, Wash., at George Third & Son Steel Fabricators and Erectors, in Burnaby, B.C., on March 29, 2018. Canada’s economy contracted slightly in October, with real gross domestic product down 0.1 per cent from September. Statistics Canada says that October’s decline in GDP was the first in eight months. THE CANADIAN PRESS/Darryl Dyck

Canada’s GDP falls 0.1 per cent in October: Statcan

Statistics Canada says that October’s decline in GDP was the first in eight months

Canada’s economy contracted slightly in October, with real gross domestic product down 0.1 per cent from September.

Statistics Canada says that October’s decline in GDP was the first in eight months.

Economists had projected a flat GDP report for October compared with September, according to financial markets data firm Refinitiv.

Statistics Canada says the month included the biggest decline in retail trade since March 2016.

There were also declines in wholesale trade and manufacturing.

Those declines were only partly offset by an advance in the mining, quarrying and oil and gas extraction sector as well as transportation and warehousing services.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

In a Jan. 18 notice, Interior Health and Salmon Arm West Elementary confirmed a member of the school community tested positive for COVID-19 and, due to a possible transmission, advised students who ride School District 83's Monkey Bus be monitored for symptoms of the virus. (Lachlan Labere-Salmon Arm Observer)
COVID-19 case reported at Salmon Arm West Elementary

Interior Health advises students who ride Monkey Bus be monitored for symptoms

Alex Wenezenki stands by the Robinson R44 Raven II which he uses to offers aerial tours of the Shuswap on behalf of BC Helicopters. The tours began in the summer of 2020 at Hyde Mountain Golf Course. (Jim Elliot/Eagle Valley News)
Shuswap golf course applies for bylaw amendment to develop up to 151 RV lots

Hyde Mountain Golf Course application will also bring helicopter tour business into compliance

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic in Toronto on Thursday, January 7, 2021. THE CANADIAN PRESS/Nathan Denette
253 new COVID-19 cases, 4 more deaths in Interior Health over the weekend

More than 1,000 cases in the region remain active

Interior Health confirms vaccination of priority populations has begun in Salmon Arm. THE CANADIAN PRESS/Nathan Denette
COVID-19 vaccinations underway in Salmon Arm

Interior Health confirms vaccination of priority populations has begun

Interior Health and School District 83 are responding to a confirmed COVID-19 exposure at the Salmon Arm Secondary Sullivan campus. (File photo)
COVID-19 virus returns to Salmon Arm Secondary campus

Member of Sullivan campus tests positive for COVID-19

B.C. Representative for Children and Youth Jennifer Charlesworth (Black Press files)
B.C. watchdog says mentally ill children and youth retraumatized in hospital

The number of children held under the Mental Health Act has increased an alarming 162 per cent in past decade

Cranbrook Food Bank coordinator Deanna Kemperman, Potluck Cafe Society executive director Naved Noorani and Sunshine Coast Community Services Society executive director Catherine Leach join B.C.’s new Municipal Affairs Minister Josie Osborne on a video call about B.C. gaming grants, Jan. 19, 2021. (B.C. government)
B.C. gaming grants reorganized for COVID-19 priorities

Minister highlights community kitchens, food banks

(Pixabay photo)
‘Cocaine bananas’ arrive at Kelowna grocery stores after mix up from Colombia: RCMP

Kelowna RCMP recently concluded an international drug investigation after finding cocaine in local grocers’ banana shipments in 2019

“Nancy’s Onions” by Patricia Canton, watercolor. (Contributed photo)
The pandemic can’t stop SJIMA

Submitted by San Juan Islands Museum of Art If you can’t come… Continue reading

A new video from NCCIH and BC Northern Health titled ‘Healing in Pandemic Times: Indigenous Peoples, Stigma and COVID-19’ was animated by Joanne Gervais. (Photo Provided By: NCCIH Archives)
VIDEO: Stigma against Indigenous people is a ‘social sickness’

A new short animated video is aiming to educate the public on the stigmatization

A pinniped was attacked by an unseen predator off the shores of Dallas Road Monday night. (Courtesy of Steffani Cameron)
VIDEO: Seal hunting, not being hunted in video shot off Victoria waterfront

Victoria woman captures footage of pinniped activity off Dallas Road

Cody Younker, Revelstoke city councillor. (Jocelyn Doll/Revelstoke Review)
Revelstoke councillor accused of sexually abusing Langley teen while school chaperone

Civic lawsuit alleges Cody Younker sexually abused student while volunteering on school trips

Prime Minister Justin Trudeau provides an update on the COVID-19 pandemic from Rideau Cottage in Ottawa on Tuesday, Jan. 11, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Prime Minister Justin Trudeau provides an update on the COVID-19 pandemic from Rideau Cottage in Ottawa on Tuesday, Jan. 11, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Trudeau vows to keep up the fight to sway U.S. on merits of Keystone XL pipeline

Canada’s pitch to the Biden team has framed Keystone XL as a more environmentally friendly project than original

This is one of 69 puppies and young dogs rescued from extensive abuse at a breeders home in Princeton September 2020. (SPCA photo)
Animal adoptions skyrocket during pandemic: South Okanagan BC SPCA

BC SPCA talks about caring for animals during COVID

Most Read