Holt预计加拿大10月份GDP环比增长0.1%，并认为10月份GDP可能会稳健增长，作为第4季度的良好开端。Derek Holt, an economist at the Bank of Nova Scotia, pointed out that Canada is approaching the strongest consecutive quarterly growth in retail sales in a decade.
Holt stated that sales performance in Canada was strong in September, and the momentum continues into October.
Holt believes that there is a large amount of suppressed savings and cash balances in Canadian households, along with a huge pent-up demand for housing and related items.
Holt expects Canada's GDP to grow by 0.1% month-on-month in October, and believes there could be robust GDP growth in October as a good start to the fourth quarter.
