Saturday, January 11

Tag: capex

Canada’s Economy Is Picking Up Steam Lifted By Oil & Gas Extraction

Canada’s Economy Is Picking Up Steam Lifted By Oil & Gas Extraction

General
By Alex Kimani - Dec 23, 2024, 5:00 PM CST The Canadian economy saw low development of 0.3 percent in October. Oil and gas extraction, mining and quarrying increased 2.4 percent in October. The hazards of tariffs under a 2nd Trump administration have actually not discouraged Canadian oil and gas majors from preparing strategies to drill much more. The Canadian economy grew 0.3 percent in October, assisted by strength in oil and gas extraction, mining and quarrying, Statistics Canada has actually exposed in its regular monthly GDP release. Oil and gas extraction, mining and quarrying increased 2.4 percent in October w...