UPDATE 1-Manufacturing boosts Canada's economy in January


* GDP grows 0.5 percent in January as expected * Growth led by manufacturing, transportation, wholesale (Adds details) OTTAWA, March 31 (Reuters) - Canadian manufacturers expanded production at the fastest rate since 2003 in January, boosting the overall economy by 0.5 percent, Statistics Canada said on Thursday. The strong start to 2011 reaffirmed market expectations that the recovery will continue at a fast pace after the economy surged 3.3 percent on annualized basis in the fourth ...

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