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Canadian GDP rises 0.2% in February

Statistics Canada says the economy grew by 0.2 per cent in February.
Statistics Canada says the economy grew by 0.2 per cent in February. Jonathan Hayward/The Canadian Press

OTTAWA – Statistics Canada says the economy grew by 0.2 per cent in February.

It says the output of goods-producing industries rose 0.5 per cent, led by increases in mining and oil and gas extraction as well as manufacturing.

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Utilities also advanced, while construction was unchanged.

The agriculture and forestry sector declined.

The output of service industries edged up 0.1 per cent in February.

Increases in wholesale trade, retail trade, accommodation and food services and the public sector were mostly offset by declines in arts and entertainment, professional services and the finance and insurance sector.

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