Canada

At first glance, the latest economic indicators appear to be good: GDP was up in September and the third quarter as economic output increased. But average Canadians reduced their overall spending and say they are planning to spend even less during the holidays.So how well is the economy actually doing right now?“This is one of those cases where despite the the top line number looking pretty rosy, it’s actually a pretty difficult situation, and consumers are feeling it,” says Richard Forbes, principal economist at the Conference Board of Canada.“Consumer confidence has been basically at historic lows all year, and that’s…

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