Statistics Canada says the Canadian economy was off to a solid start in January but early signs suggest growth hit a wall in February.
The agency said Friday that real gross domestic product rose 0.4 percent in January thanks largely to a boom in the oil and gas, quarrying and mining industries.
That marks an acceleration from 0.3 percent growth in December, a figure that was revised up a tenth of a percentage point.
Canada’s goods-producing industries were particularly hot in January, rising 1.1 percent for their biggest one-month jump in over three years.
The manufacturing, utilities and construction sectors all recorded growth in January, StatCan said, and the services side of the economy also edged up 0.1 percent….