Statistics Canada released GDP (gross domestic product) growth data on Friday. Canada's GDP growth fell 0.1% in February, in line with expectations, after a 0.6% increase in January.

The decrease was mainly driven by a drop in the output of goods-producing industries, which slid 0.6% in February.

The output of service-producing industries was flat in February.

The mining, quarrying, and oil and gas extraction sector fell 0.8% in February, manufacturing output decreased 0.8%, while the retail trade sector climbed 1.4%.