Canada’s gross domestic product rose 0.1% in September, according to data released moments before by Statistics Canada, after growing by about 0.4% in October to come in better than expected as the rise in the service-producing industries, mining and oil offset declines in the manufacturing, construction and retail sectors.

And 12 sectors out of 20 industrial sectors rose in September, with a growth in the industries producing services by 0.4%, while the manufacturing sector declined by 1.7% due to the shortage of semiconductors, in turn, the manufacturing of durable goods declined by 2.5%.

The Canadian dollar is trading at 1.2775 levels against the US dollar before the US markets open.