Our country’s economy saw its largest contraction in nearly a year in November, according to Statistics Canada.
Real gross domestic product fell by 0.2 per cent after a 0.3 per cent increase recorded the month before.
Overall, there were broad-based declines as 13 of 20 sectors contracted in November.
Mining, quarrying, and oil and gas extraction and utilities drove most of the declines among goods-producing industries.
Over in the services-producing industries, the transportation and warehousing sector was the largest contributor to the decline.
Officials said much of that resulted work stoppages at Canada Post and several ports in Quebec in British Columbia.
Meanwhile, advance information indicates that the economy grew by 0.2 per cent in December, with increases in retail trade, manufacturing and construction partially offset by decreases in transportation and warehousing, real estate and rental and leasing and wholesale trade.
Official GDP data for the month of December will be released on Feb. 28.
