Canada’s economic made some headway in the last reported month, according to figures released Friday by Statistics Canada.
The agency said real gross domestic product edged up 0.1% in November, reversing most of the decline experienced in October.
Economists, on average, had expected no growth for November. The nation’s number-crunchers also said goods-producing industries edged up 0.1% after falling in September and October, while services-producing industries also edged up 0.1 per cent.
Increases in 15 of 20 industrial sectors tracked by the agency more than offset declines in the mining, quarrying and oil and gas extraction and transportation and warehousing sectors.
Cold weather in central Canada helped the utilities sector climb 2.1% in November, while the construction sector climbed 0.5%. Retail trade increased 0.5 per cent for the month.
The mining, quarrying and oil and gas extraction sector fell 1.4% in November, while the transportation and warehousing sector dropped 0.9%.