Canada Economy Expanded 0.3% in November on Factories

Canada’s gross domestic product expanded at the fastest pace in seven months in November on gains in manufacturing, mining and energy.

Output grew 0.3 percent to an annualized C$1.56 trillion ($1.56 trillion), following a prior gain of 0.1 percent, Statistics Canada said today in Ottawa. The median forecast in a Bloomberg economist survey was for a 0.2 percent expansion in the month.