NEWS

GDP expands at 2.7% pace in 3rd quarter

11/29/2013 09:14 EST | Updated 01/29/2014 05:59 EST
Canada's economic growth was stronger than expected in the third quarter.

Statistics Canada says the national gross domestic product grew at a 2.7 per cent annual rate, two-tenths of a point above estimates.

The pace of growth was the fastest in two years, when the economy expanded by 3.5 per cent.

For comparison purposes, the U.S. economy is expanding at a 2.8 per cent annual pace.

More to come

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