Economics
Jump in Manufacturing Drives 0.2% Growth in Canada's Economy
Photographer: Norm Betts/Bloomberg
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Canada’s economy got a boost from a strong pick up in manufacturing, recording faster-than-expected growth in July.
Gross domestic product expanded by 0.2 percent, Statistics Canada said Friday from Ottawa, versus economist projections of a 0.1 percent gain. Factories production increased 1.2 percent, that sector’s biggest monthly gain this year.