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.
Read more Business News
- Paddlers descend on city hallKelowna - 5:00 am
- Fire crews take out the trashKelowna - 6:14 am
- Mystery weed identifiedKelowna
- Double rainbow showKelowna - 9:59 am
|QHR Technologies Inc||1.23||+0.01|
|Anavex Life Sciences||0.184||-0.001|
|Copper Mountain Mining||2.49||-0.03|
|Sunrise Resources Ltd||0.065||+0.045|
|Mission Ready Services||0.33||-0.01|
Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...
Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...
Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...