Not much growth in Canada’s economy over last quarter: Statistics Canada

Caitlin Snow February 28, 2023 9:25 am Last Updated on February 28, 2023 9:25 am

Our economy didn’t see much growth in the last quarter and actually went down a bit in December.

Statistics Canada says the GDP is at 0.1 percent after a quick uptick in November.

Oil and gas was down 4% in December, transportation and warehousing also decreased.

The public sector grew with healthcare and social assistance rising 0.4 percent.

Retail also saw some growth by 0.8%.

Real gross domestic product (#GDP) edged down 0.1% in December 2022, following a 0.1% uptick in November. Consult our latest article to learn more: https://t.co/hZQfIcJoE6. #CdnEcon pic.twitter.com/RRXASUNE19

— Statistics Canada (@StatCan_eng) February 28, 2023

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Caitlin Snow

Caitlin Snow is an award-winning news anchor who started in the radio business nearly 20 years ago. She is based in Halifax, reporting on and broadcasting stories across Nova Scotia. Contact Caitlin at snowc@radioabl.ca.