The Canadian economy grew by 0.1 per cent in February, Statistics Canada said Friday.
In its latest report on economic growth, the federal agency’s preliminary estimate suggested real gross domestic product grew at an annualized rate of 2.5 per cent in the first quarter.
The February figure came in lower than was expected by Statistics Canada as wholesale and retail trade as well as manufacturing all contracted.
Boosting real GDP in February was growth in the public sector, professional, scientific and technical services, construction and finance and insurance.
Statistics Canada revised up its January figure for real GDP to 0.6 per cent.
Recession possible
The Canadian
