Apr 29, 2016
Canada: GDP growth negative in February but above expectations
According to Statics Canada, GDP growth shrank in February 0.1%, number stronger than the 0.2% decline expected. The economy contracted for the first time in five months, affected by a slowdown in manufacturing energy and mining sectors. During January, it expanded at a 0.6% rate (unrevised), the strongest month since mid-2013.
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