The Daily Chase: Canada's GDP rose slightly in July; RRSP and TFSA deferrals rise

We were expecting new details on the extent of Canada’s economic slowdown this morning. What we got instead was a surprise (tiny) growth spurt

ONE-IN-FOUR HOLDING OFF ON RRSP/TFSA CONTRIBUTIONS: SURVEY

Back to that issue of the bite from higher interest rates: a new Angus Reid Institute survey demonstrates the extent of financial pain facing some – but not all – Canadians. For our purposes, what stands out most is the 26 per cent of respondents who said they’re deferring or not making a contribution to their RRSP or TFSA. That’s up seven points from the last survey in August. However, some households are thriving: 26 per cent of respondents said their household income is more than $200,000 and described their financial situation as better than a year ago.

THAT DIDN’T LAST LONG…