Figures released Friday by Statistics Canada show our economy grew by 0.1% in August — the third consecutive monthly gain following five straight months of shrinking — as the economy continued to pull out of the mild recession that began at the start of the year.
Manufacturing, mining, quarrying, and oil and gas extraction and retail trade all expanded, the agency said.
The data agency reported that GDP expanded by 0.1% in August, following growth of 0.3% in July and 0.4% in June. Prior to that, the economy had contracted during every month of 2015.
On an annualized basis, Canada's economy expanded at a 0.9% pace between August 2014 and this past August.
Both the monthly and the annualized figure were in line with what economists had been expecting.
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