Canada: GDP rose 0.4% in February

"After a slight decline in January, real gross domestic product rose 0.4% in February," Statistics Canada reported this Tuesday.

Key highlights:

   •  15 of 20 industrial sectors increased. 
   •  The growth was led by a rebound in the mining and oil and gas extraction sector.
   •  The output of goods-producing industries grew 1.2% as manufacturing and construction rose in addition to the rebound in mining and oil and gas extraction.
   •  Services-producing industries edged up 0.1% as increases in most sectors more than offset declines in wholesale trade and in the real estate and rental and leasing sector.