Canada's economy grew by 0.3 per cent in January, fully offsetting the small declines in the previous two months. Goods-producing industries grew by 0.6 per cent while the service sector eked out a 0.2 per cent gain. Manufacturing grew by 1.5 per cent, also more than offsetting declines in November and December. Scotiabank economist Derek Holt said the weakness in oil was certainly significant, but he was encouraged by strength just about everywhere else. "There is more to the economy in the Great White North than just oil and that's the exclamation point attached to this growth reading," Holt said.

Source: CBC News March 29, 2019 13:23 UTC