Canada`s real GDProse 0.2% for Q4

Note: This section contains information in English only.
Source: Bloombergs
Canada's real GDP rose 0.2% in the fourth quarter and posted a 0.6% rally on annual basis. Final domestic demand surged 0.6%, in comparison with the 0.2% increase in the third quarter. Construction, public sector, utilities, finance and insurance sector posted positive growth as well, while manufacturing sector slid 2.2%,dragging down the production of both durable and non-durable goods.

"Obviously the headline is pretty sour, but the details aren't terrible," said Doug Porter, deputy chief economist with BMO Capital Markets.
"There are actually are some slivers of good news. Things like consumer spending and business investment and even net exports were a little bit better than expected. It suggests the economy is still grinding ahead slowly but surely."

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