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1 Feb 2022
Canada: Real GDP expands by 0.6% MoM in November vs. 0.3% expected
Canada's Real Gross Domestic Product (GDP) expanded at a monthly rate of 0.6% in November, data published by Statistics Canada showed on Tuesday. This reading was well above the consensus market forecast for a growth rate of 0.3% MoM and marked a slight deceleration in the 0.8% MoM growth rate seen in October.