Analysts polled by Trading Economics predicted a far bigger increase of 2.2%.
In comparison to 2023's fourth quarter, the GDP of Canada increased by 0.4%.
The updated figures show that the Canadian economy grew by 0.1% annually and was flat on a quarterly basis in the fourth quarter.
Compared to the prior quarter, consumer expenditure increased by 0.7% from January to March, while business investment grew by 0.8%.
Imports fell by 0.4% while exports rose by 0.5%.
source: tradingeconomics.com
In comparison to 2023's fourth quarter, the GDP of Canada increased by 0.4%.
The updated figures show that the Canadian economy grew by 0.1% annually and was flat on a quarterly basis in the fourth quarter.
Compared to the prior quarter, consumer expenditure increased by 0.7% from January to March, while business investment grew by 0.8%.
Imports fell by 0.4% while exports rose by 0.5%.
source: tradingeconomics.com