Canadian economy shrinks slightly in February
Canada's gross domestic product declined by 0.2 per cent in February, which means the country's overall economy contracted.
Temporary closures in mining and other industries contributed to the decline, Statistics Canada said Monday.
Decreases in mining and oil and gas extraction, manufacturing, utilities, as well as forestry and logging outpaced advances in construction, the agency said.
In the services sector, gains in finance and insurance outweighed declines in retail trade, transportation and warehousing.
Canadian economy shrinks slightly in February - Business - CBC News
Canada's gross domestic product declined by 0.2 per cent in February, which means the country's overall economy contracted.
Temporary closures in mining and other industries contributed to the decline, Statistics Canada said Monday.
Decreases in mining and oil and gas extraction, manufacturing, utilities, as well as forestry and logging outpaced advances in construction, the agency said.
In the services sector, gains in finance and insurance outweighed declines in retail trade, transportation and warehousing.
Canadian economy shrinks slightly in February - Business - CBC News