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Economy backtracks in June

Statistics Canada says the economy edged back 0.1% in April, hurt by weakness in the mining and energy sectors, to post the fourth consecutive monthly decline.

Economists had expected the country's real gross domestic product to gain 0.1%, according to Thomson Reuters.

The pullback for April follows the first quarter which saw the economy contract at an annual pace of 0.6%.

Statistics Canada says a decrease in the output of goods-producing industries outweighed an increase by the service sector.

Weakness in the mining, quarrying, and oil and gas extraction sectors led to goods production to drop 0.8% in April.

Service-providing industries grew 0.3% in April, helped by wholesale trade.