Canada’s GDP down 0.2% in February

Canada’s GDP was down 0.2 per cent in February, according to Statistics Canada data, following growth of 0.4 per cent in January.

While goods-producing industries pulled the economy up in January, StatsCan says it saw a decline of 0.6 per cent overall for February.

The mining, quarrying, and oil and gas extraction sector saw the steepest decline, of 2.5 per cent. 

More to come.

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