Statistics Canada says real GDP grew 0.1 per cent in January

OTTAWA - Statistics Canada says real gross domestic product edged up 0.1 per cent in January.

The growth to start the year was helped by strength in goods-producing industries which expanded by 0.2 per cent.

Mining, quarrying, and oil and gas extraction grew by 1.2 per cent for the month, boosted by activity in oil and gas extraction which improved by 1.6 per cent.

However, the manufacturing sector contracted 1.4 per cent due to weaknesses in durable-goods and non-durable-goods manufacturing industries.

Statistics Canada says services-producing industries were essentially unchanged in January, as gains in retail trade and finance and insurance were offset by losses in wholesale trade and transportation and warehousing.

Looking ahead, the agency says its preliminary estimate for February suggests the economy grew 0.2 per cent for the month, though it cautioned the figure would be revised.

This report by The Canadian Press was first published March 31, 2026.