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GDP grows in January, aided by end of public sector strikes

By Kevin Northup Mar 28, 2024 | 8:24 AM

Good news for Canada’s economy to start 2024.

Real gross domestic product grew 0.6 percent in January.

Stats Canada says it was helped by the end of public sector strikes in Quebec.

That’s why the sector was able to rebound from declines in November and December.

They say goods-producing industries were up 0.2 percent in January.

Overall 18 of 20 sectors increased during the first month of this year.

Read the full report from Statistics Canada here.