UPDATE 1-Strong C$ stokes imports, Canada Q3 GDP +3.2 pct

Newswire

(New throughout) OTTAWA, Nov 30 (Reuters) - Canada's economy grew 3.2 percent in the third quarter, below expectations, as the soaring Canadian dollar drove gains in domestic demand for imports but slashed energy and auto exports, Statistics Canada said on Tuesday. Analysts had expected growth of 3.5 percent in gross domestic product, well above the Bank of Canada's measure of full potential at 3 percent. Statscan cut the pace of second quarter growth to 3.9 percent from 4.3 percent and ...

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