Statistics Canada released GDP (gross domestic product) growth data on Thursday. Canada's GDP growth was flat in February, after a 0.2% decline in January.

January's figure was revised down from a 0.1% decrease.

The GDP growth was driven by a rise in the retail sector. Retail-sector output jumped 1.5% in February. It was the first rise in three months.

Resource-sector output declined 0.6% in February as support activities for mining and oil and gas extraction plunged 15.4%.

Manufacturing output fell 0.8% in February.