Canada's Economy Kicks Off Year with Mixed Results

It's March 31st.

Canada news today starts now.

AI powered and ready. I'm Cory with the story.

Canada's economy kicked off the year with a slight bump.

Real gross domestic product rising 0.1% in January according to statistics.

Canada.

Goods producing sectors led the charge, expanding 0.2%.

Thanks to mining, quarrying, and oil and gas extraction jumping 1.

2% with oil and gas alone of 1.6%.

Manufacturing took a hit though, dropping 1.4% from slumps in both durable and non durable goods.

Services stayed basically flat, as gains in retail and finance balanced out drops in wholesale trade and transportation.

Looking forward, early numbers point to 0.2% growth in February, but expect tweaks as data firms up.

This keeps the outlook steady.

For now.