Statistics Canada released GDP (gross domestic product) growth data on Friday. Canada's GDP growth rose 0.3% in November, in line with expectations, after a flat reading in October.

The increase was driven by rises in manufacturing, mining, quarrying, and oil and gas extraction, and wholesale and retail trade sector.

The mining, quarrying, and oil and gas extraction sector rose 0.6% in November, manufacturing output increased 0.4%, and wholesale output gained 1.3%, while the retail trade sector climbed 1.2%.