Canada’s economy managed to eke out a slight expansion to kick off 2022, as goods-producing industries continued to churn out growth even as most service sectors were walloped by the Omicron variant of the coronavirus.
Statistics Canada reported that the country’s gross domestic product expanded by 0.2 per cent in January. That’s the eighth straight increase in a row, after the data agency revised December’s data up to a tiny 0.1 per cent increase, from flat previously.
Output in goods-producing industries expanded by 0.8 per cent in the month, led by construction. The service sector, meanwhile, was hit hard by
