Thursday, February 26th1.8°C
25355
24105

Real GDP up 0.5 per cent in January after December decline: StatsCan

OTTAWA - Statistics Canada says the economy grew by 0.5 per cent in January, which was more than expected.

Economists had estimated the Canadian economy grew by 0.3 per cent in January, following a 0.5 per cent decline in December.

The output of goods-producing industries grew 1.0 per cent in January, led by an increase in manufacturing and, to a lesser extent, in mining and oil and gas extraction and in construction.

The agriculture and forestry sector and utilities declined.

The output of service industries increased 0.3 per cent in January, with notable gains in retail and wholesale trade.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15241.16+12.59
S&P CDNX700.93+1.44
DJIA18214.42-10.15
Nasdaq4987.89+20.753
S&P 5002110.74-3.12
CDN Dollar0.8007+0.0016
Gold1203.00+6.10
Oil51.14+0.75
Lumber296.80+1.30
Natural Gas2.895-0.007

 
Okanagan Companies
Pacific Safety0.115-0.005
Knighthawk0.010.00
QHR Technologies Inc1.58+0.02
Cantex0.035-0.005
Anavex Life Sciences0.19+0.001
Metalex Ventures0.04+0.005
Russel Metals25.68+0.37
Copper Mountain Mining1.26+0.03
Colorado Resources0.15+0.015
ReliaBrand Inc0.0087+0.0017
Sunrise Resources Ltd0.05+0.015
Mission Ready Services0.21-0.015

 



24909

FEATURED Property
780348415 Commonwealth Rd
1 bedrooms 1 baths
more details
image2image2image2
Click here to feature your property
Please wait... loading


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


It's OK to say 'I'm sorry'

Photo: ContributedStand-up comedians and sitcoms have been making fun of Canadians for being polite as long as I can remember. Being known for our niceness is certainly not a bad thing and I wish more...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


25207