Canada's November GDP declines 0.1% against expectations for a 0.2% increase and a flat read for...

|By:, SA News Editor

Canada's November GDP declines 0.1% against expectations for a 0.2% increase and a flat read for October. The bulk of the decline was due to a 2.5% drop in oil and gas extraction. The loonie takes a quick dive, but at parity, remains slightly higher for the day against the greenback.