Figures released Wednesday morning by Statistics Canada show this country's economic output lay flat in October after shrinking in September.
The data agency says gross domestic product expanded in mining, quarrying, and oil and gas extraction, as well as in the public sector, but that growth was offset by declines in manufacturing, utilities and retail trade.
The flat showing in October comes on the heels of a 0.5% decline in September. Economists were expecting slight growth of 0.2%.
Experts opine that without the rebound in the mining sector, the country would have seen another economic contraction after September's 0.5% decline.
That puts the country on track for flat growth in the fourth quarter, which began in October, and could signal another interest rate cut from the Bank of Canada, they said.
