OTTAWA – Statistics Canada says real domestic product grew by 0.4 per cent in November, slightly above expectations.
The improvement was due to strength in a broad number of sectors including manufacturing, finance, insurance, construction, and mining, quarrying and oil and gas extraction.
READ MORE: OECD predicts low growth for Canada’s economy
Economists had expected a 0.3 per cent gain for November, according to Thomson Reuters.
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Statistics Canada also revised its result for October, saying the economy shrank that month by 0.2 per cent.
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That compared with an initial reading of a contraction of 0.3 per cent.
For November, Statistics Canada says goods-producing industries rose 0.9 per cent, while service-producing industries grew by 0.2 per cent.
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