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Statistics Canada released GDP (gross domestic product) data on Tuesday. Canada's GDP decreased 0.1% in January, missing expectations for a 0.2% gain, after a 0.3% rise in December.
The decrease was driven by a decline in the services sector. Service-sector output was down 0.3% in January. It was the first decline since February 2014.
Resource-sector output rose by 1.4% in January as oil-and-gas extraction climbed 2.6%.
Manufacturing output fell 0.7% in January.
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