The findings suggest a greater percentage of Canadian firms are more optimistic about the future than they were in January
The strong figures for GDP cap a recent string of better-than-expected economic data
The data follows recent stronger-than-expected results for wholesale and manufacturing sales, trade and job creation
The stronger-than-expected numbers join other promising reports about the Canadian economy
North American issuers made up majority of defaults so far this year
Overall, the Canadian economy expanded by 1.4% in 2016
The Conference Board of Canada’s index of consumer confidence had the largest monthly increase in two years and sits at its highest level in more than seven years
The decline followed four consecutive monthly increases
In 2016, wholesale trade was up 3.1% compared with 2015
November surplus revised higher