ECONOMY SEEN GROWING 6.3%, BEATING BANK OF CANADA FORECAST

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Data suggest economic activity climbed above pre-pandemic levels for the first time in fourth quarter. Canada’s economy grew more than expected in November to bring real gross domestic product above its pre-pandemic levels, but the Omicron variant could throw a wrench in those gains. Real GDP in November grew 0.6 per cent, beating Statistics Canada’s preliminary estimate of 0.3 per cent, the agency reported Tuesday.

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