The Canadian economy grew 0.2 per cent in February, with gains made in transportation and warehousing, Statistics Canada said on Tuesday.
January growth helped by rebound after public sector strike ended in Quebec
CBC News ·
An aerial photo of trains and shipping containers at the CPKC Railway Yard in Vaughan, Ont. Canada’s transportation and warehousing sector grew 1.4 per cent in February, a pace that StatsCan said was the largest monthly growth rate since January 2023. (Patrick Morrell/CBC)
The Canadian economy grew a modest 0.2 per cent in February, with advance estimates for March indicating little change in GDP, Statistics Canada said on Tuesday.
The transportation and warehousing sector grew 1.4 per cent, a pace that the data agency said was the largest monthly growth rate since January 2023.
Rail transportation contributed significantly to that sector’s growth, with a 5.5 per cent gain, as it rebounded from a January cold snap.
Canada’s GDP grew 0.5 per cent in January, helped by a rebound in educational services after public sector strikes ended in Quebec.
