Canadian economy expands at faster pace
CBC News
Posted: Jan 31, 2013 8:51 AM ET
Last Updated: Jan 31, 2013 10:05 AM ET
Canada's gross domestic product increased by 0.3 per cent in November, an uptick from the 0.1 per cent gain the previous month. (Mike Cassese/Reuters)
Canada's gross domestic product increased by 0.3 per cent in November, an uptick from the 0.1 per cent gain the previous month.
Goods-producing sectors expanded by 0.6 per cent, while the service sector expanded by 0.1 per cent, Statistics Canada said.
Most industrial sectors posted gains. Manufacturing and mining, quarrying and oil and gas extraction were the main contributors to the November increase.
Construction was unchanged in November. A decline in residential building construction was offset by increases in some other types of building work.
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