share
 

Canada's GDP rises 0.6 pct in January

0 Comment(s)Print E-mail Xinhua, March 28, 2024
Adjust font size:

OTTAWA, March 28 (Xinhua) -- Canada's real gross domestic product (GDP) grew 0.6 percent in January, led by a 6 percent increase in educational services, Statistics Canada said Thursday.

The educational services sector was the largest contributor to growth in January as activity rebounded from the declines recorded in November and December that resulted from the public sector workers' strikes in Quebec, the national statistical agency said.

The health care and social assistance sector, which was also impacted by Quebec's public sector workers' strike in November and December, rose 0.8 percent in January. This was the largest growth rate since October 2020, the agency said.

The beginning of a strike by the Saskatchewan Teachers' Federation, which represents around 13,500 Saskatchewan teachers, tempered some of the sector's growth in January, the agency added.

Services-producing industries increased 0.7 percent and goods-producing industries were up 0.2 percent in January with the utilities and manufacturing sectors rebounding from declines in the previous month, according to the agency.

Advance information indicates that real GDP rose 0.4 percent in February. Broad-based increases, with main contributions from mining, quarrying, and oil and gas extraction, manufacturing, and finance and insurance, were partially offset by decreases in utilities, said Statistics Canada. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter