UPDATE 1-Canada June leading indicator up less than expected

(Reuters) - Analysts in a Reuters poll had forecast, on average, a gain
of 0.4 percent in the month.




The sharp appreciation of the Canadian dollar, combined
with softer U.S. demand, shrank manufacturers' profits and
dampened exports. Factory owners saw new orders decline for the
first time in 2007, their shipments stalled and they cut back
payrolls, Statscan said.


Read more at Reuters.com Economic News