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Canada's Economy Likely Contracted

This is a news story, published by financialpost, that relates primarily to Michael Davenport news.

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Business

Business & Economics

Bank of Canada to trim rates four more times: What economists say about GDP

financialpost

Summary

Nutrition label

82% Informative

Statistics Canada released an advanced estimate suggesting that gross domestic product fell by 0.1 per cent month over month in November .

The Bank of Canada said it expected annualized GDP growth of two per cent in the fourth quarter .

Oxford Economics Canada’s economy is on pace to grow faster than it did in the third quarter , Michael Davenport said.

VR Score

90

Informative language

92

Neutral language

82

Article tone

formal

Language

English

Language complexity

55

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not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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10

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