Canada's GDP contracts -0.2% mom in Feb, weakness broad-based across sectors - Action Forex

Canadian GDP fell by 0.2% in February, while U.S. GDP fell by 0.3% in the first quarter.

The Canadian economy contracted unexpectedly by 0.2% in February. The post The Bank of Canada could reduce its interest rates due to the drop in GDP appeared first on Business.

Bank of Canada Faces Fresh Calls for Rate Cuts as GDP Declines in February

Analysts cite the weakest monthly reading in two years to warn of a gloomy year ahead.

Canadian GDP Fell in February, Signs Point to March Growth - Spencer Fernando

The Canadian economy contracted 0.2% in February according to Statistics Canada, a decline from 0.4% growth in January.

Y Media Business & Wealth Report: Canada’s GDP shrinks 0.2% in February as construction, mining and real estate sectors weaken - South Asian Daily

Real gross domestic product (GDP) was down 0.2% in February, partly offsetting January’s 0.4% increase. After driving growth in January, goods-producing industries (-0.6%) drove the decline in February, as mining, quarrying, and oil and gas extraction and construction contributed the most to the aggregate’s decline. Services-producing industries edged down 0.1% in February as contractions in transportation and warehousing and real estate and ren…

Canada's Economy Shrank 0.2 Per Cent In February - Canadian Rental Service

Statistics Canada has released real gross domestic product (GDP) data from February. According to Stats Can, the GDP was down 0.2 per cent in February, partly offsetting January’s 0.4 per cent increase. After driving growth in January, goods-producing industries (-0.6 per cent) drove the decline in February, as mining, quarrying, oil and gas extraction, and construction contributed the most to the aggregate’s decline. Services-producing industri…