Canada’s economy shrank between January and March, the first contraction in four years and the largest since the 2009 recession as collapsing energy prices prompted a plunge in business investment. Gross domestic product fell at a 0.6 percent annualized pace in the first quarter, Statistics Canada said Friday in Ottawa. The drop exceeded all 22 economist forecasts in a Bloomberg News survey with a median estimate of a 0.3 percent expansion. The agency also revised its fourth-quarter growth estimate to 2.2 percent, from 2.4 percent previously. Bank of Canada Governor Stephen Poloz predicted this week economic growth ... (full story)