Canada's Economy Grows, Beating Bank of Canada's Forecast

0:00Canada's economy grew by 0.2% in February, according to Statistics Canada, with manufacturing leading the charge at 1.8% the biggest jump in over three years. Whole-sale trade and transportation sectors also boosted things, while public services and arts plus entertainment pulled back a bit. This marks the fourth straight month of growth after a rough October drop that dragged last year's final quarter into the red. Many numbers from March show basically flat GDP, pointing to first quarter annualized growth of 1.7%. That beats the Bank of Canada's forecast of 1.5%, suggesting the economy might hold steady longer than expected. Stay informed with Canada News Today, AI-powered updates. I'm Corey with The Story.