Statistics Canada says real GDP grew 0.3% in April, tops expectations

The mining, quarrying and oil and gas extraction sector gained 4.5 per cent

The Canadian economy grew more than expected in April, helped by the oil and gas sector.

Statistics Canada says real gross domestic product grew 0.3 per cent in April, following a 0.5 per cent increase in March.

Economists had expected growth of 0.1 per cent for April, according to Thomson Reuters Eikon.

The mining, quarrying and oil and gas extraction sector gained 4.5 per cent, boosted by a 5.5 per cent rise in oil and gas extraction.

Oilsands extraction increased 11.0 per cent, while oil and gas extraction, excluding oilsands, was up 0.5 per cent.

The manufacturing sector pulled back 0.8 per cent, in April, the largest monthly contraction since August 2017.

ALSO READ: Bank of Canada survey suggests business sentiment picked up after declining

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Fantasy Farms told to stop holding special events on farmland that go against agricultural rules

The Morans say it might spell the end of their seasonal events like Reapers Haunted Attractions

New event invites Agassiz to meet museum’s resident ghost

The Haunted Museum Tour will take place on Oct. 26 and 30

REAL ESTATE: Homesteading in the Cariboo a reality

Columnist Freddy Marks talks about why so many are looking to a ranch life when it comes to property

Chilliwack maternity ward gets bundle of new equipment

Breast pumps, small fridges for patient rooms and freezer for donor breast milk given to hospital

Liberal candidate Jati Sidhu backs out of four interview appointments with The News

Jati Sidhu, the Liberal incumbent in Mission-Matsqui-Fraser Canyon, said he was too busy to talk

VIDEO: Agassiz lights candles in memory of missing, murdered Indigenous women

The Sisters in Spirit vigil took place at the Agassiz United Church

Alberta to join B.C.’s class-action lawsuit against opioid manufacturers, distributors

B.C. government claims opioids were falsely marketed as less addictive than other pain meds

Court bans striking workers at Vancouver hotel from using sirens

Rosewood Hotel Georgia granted court order against unionized workers

VIDEO: Trudeau, Singh posture for ‘progressive’ votes while Scheer fights in Quebec

NDP Leader Jagmeet Singh, whose party has been on the rise in recent polls, is campaigning in Toronto

Advance voter turnout up 25% for first two days: Elections Canada

Two million people voted Friday and Saturday

Okanagan principals told to confiscate vaping products from students

Vaping is up 74 per cent in youth over the last two years, according to one Canadian study

‘Rather mild’ winter expected in B.C. this year

Northwestern B.C. will be the worst hit

Court action in Trail acid spills may take years

B.C. court case involves a number of defendants and a number of plaintiffs

Most Read