30-01-2015 14:34 via news.yahoo.com

Canada's economy shrinks by 0.2 percent in November

(Reuters) - Canada's economy unexpectedly shrank by 0.2 percent in November, led by declines in manufacturing, mining, and the oil and gas sector, Statistics Canada data indicated on Friday. Manufacturing output fell 1.9 percent after two months of gains, while mining and quarrying declined by 2.5 percent. Oil and gas extraction retreated by 0.7 percent on a decline in the exploitation of unconventional sources of crude such as the Alberta oil sands. (Reporting by Peter N Henderson; Editing
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