Potash Miners Lift GDP to Second Monthly Gain

Bloomberg reported that the Canadian GDP is on pace to record its largest quarterly gain since 2011, partly on the backs of potash miners.

As quoted in the market report:

Mining and quarrying jumped 6.4 percent in February on increased potash output, Statistics Canada said. The agency’s mining, quarrying and oil and gas category rose 2.2 percent, the fifth straight increase. Manufacturing rose 0.8 percent following January’s 0.6 percent increase.

To view the whole Bloomberg report, click here.