Stats Canada - Canadian Economy Up in December

The Canadian index of leading economic indicators was up 0.8 per cent during December 2011, according to Statistics Canada. 

The rise in the authoritative index, which measures government expenditure, domestic demand and exports, among other indicators of economic health, follows a 0.9% increase in November.

The December increase exceeded forecasts made by economists that the Canadian Composite Leading Indicators Index would increase by 0.6 per cent, showing the strength of the Canadian economy.

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