Canadian economy grew 0.1% in February; likely down 0.1% in March

Analysts had forecast a 0.2% rise from an upwardly revised 0.6% growth in January

The Canadian economy grew 0.1 per cent in February from January, less than expected, and the gross domestic product likely contracted in March, Statistics Canada data showed on Friday.

Analysts had forecast a 0.2 per cent rise from an upwardly revised 0.6 per cent growth in January. March GDP was most likely down 0.1 per cent, Statscan said in a preliminary estimate.

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