Canada's gross domestic product contracted by 0.2% in November, as the economy was dragged down by cheap oil prices and unexpected weakness in manufacturing and mining.
Statistics Canada said Friday that for the 12-month period ending November as a whole, the economy expanded by 1.9% — less than the 2.1% that economists had been expecting.
It's also far less than the 2.6% annual pace the U.S. economy is expanding at, according to a separate set of data released out of Washington on Friday.
Statistics Canada says that manufacturing output declined by 1.9% from the month before, mining was down by 2.5%.
Oil and gas extraction shrank by 0.7%.
The utilities sector was a rare bright spot in November, expanding by 2.4% as demand for both electricity and natural gas rose.
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