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A drop in Canada’s energy sector saw GDP contract by 0.2 per cent

Canada’s gross domestic product shrank in February and remained stagnant in March. The contraction was primarily driven by a drop in energy production.

Quinn Patrick
May 01, 2025
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Source: Facebook

Canada’s gross domestic product shrank in February and remained stagnant in March. The contraction was primarily driven by a drop in energy production.

According to the latest data from Statistics Canada published Wednesday, GDP fell by 0.2 per cent in February and stalled in March after growing by 0.4 per cent in January.

“The mining, qua…

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