Canada’s economy expands in January

Posted in Beavers  by: admin
March 31st, 2011

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Canada’s economy expanded in January by 0.5 per cent, the same pace as December, Statistics Canada said Thursday.

Canada’s economy grew by 0.5 per cent in January, helped in part by manufacturing. (Canadian Press)

The agency said the growth was driven by manufacturing and, to a lesser extent, by transportation and wholesale trade.

The finance and insurance sector, construction and real estate also increased, while mining and oil and gas extraction as well as retail trade decreased.

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Article source: http://www.cbc.ca/news/business/story/2011/03/31/business-gdp-jan.html

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