Canada’s economy shrank by 0.1 per cent in December and got smaller in three of the previous four months.
Statistics Canada reported Friday that the service sector eked out a 0.2 per cent expansion in December, but that was offset by a 0.7 per cent decline in goods-producing industries.
Manufacturing shrank by 0.7 per cent, its fourth contraction in five months. Construction, meanwhile, shrunk seven months in a row — the first time that has happened in almost three decades.
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