Quebec's Economy Shrinks in January 2026

0:00It's April 28, Canada news today starts now, AI powered and ready, I'm Cory with the story. Quebec's economy took a small hit in January 2026, shrinking 0.7% from the year before, mainly because manufacturing, dropped 5.5% in his GDP share. That busy January 2025 set a high bar, with exporters rushing shipments ahead of new tariffs, boosting goods production back then, and... Making this year's numbers look weaker by comparison. Economists like Sunny Scarphone from Desjardins, point out goods industries fell 3.7% year over year, while services edged up just. 0.3%, showing some mixed resilience amid higher oil prices, squeezing wallets. Month to month, things stay flat from December 2025 to January, with goods of a tiny 0.1%, but services down the same, following December 0.3% gain, the first in three months. Nationally, Canada's GDP grew 0.1% that month, and 0.6%

1:06year over year. As Quebec catches up, but still trails the... Pack without big productivity boost to fight an aging population.