Canadian Manufacturing Boosts Economy In February

Statistics Canada says the economy grew by 0.3 percent in February, driven mostly by manufacturing.

OTTAWA (CP) -- Statistics Canada says the economy grew by 0.3 percent in February, driven mostly by manufacturing.

The agency says real gross domestic product was also boosted by gains in mining.

Manufacturing output overall rose 1.2 percent in February, but durable goods makers showed 1.4 percent growth.

Overall, the mining sector increased 0.4 percent in February, although with oil and gas taken out, output grew by 7.6 percent.

There were modest increases in retail trade and construction.

The volume of wholesale activity declined 1.4 percent following five consecutive monthly increases.

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