Dec 1 (Reuters) - Canada’s main stock index jumped on Tuesday on data showing the economy grew at a record pace in the third quarter and signs that the first COVID-19 vaccine could be rolled out before the end of the year. * At 09:54 a.m. ET (1454 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 238.79 points, or 1.39%, at 17,429.04. * Canada’s economy grew by a record 40.5% on an annualized basis, rebounding from a historic plunge in the second quarter, as businesses and stores reopened from COVID-19 lockdowns. * Moderna and Pfizer-BioNTech, both applied for emergency EU approval of their COVID-19 vaccines on Tuesday. * On Monday, Canada’s Liberal-led government forecast a historic C$381.6 billion deficit and pledged up to C$100 billion in stimulus spending to “jumpstart” the recovery, once the virus is under control. * The energy sector climbed 2.3%, while the industrials sector rose 0.8%. * The financials sector gained 1.9%, while the materials sector, which includes precious and base metals miners and fertilizer companies, added 2.4% as gold futures rose 2% to $1,810.5 an ounce. * On the TSX, 180 issues were higher, while 41 issues declined for a 4.39-to-1 ratio favoring gainers, with 39.18 million shares traded. * The largest percentage gainer on the TSX was Blackberry Ltd, which jumped 31.2% after teaming up with Amazon.com Inc on a new vehicle data and software platform, followed by Eldorado Gold, up 7.7%. * Aurora Cannabis fell 3.7%, the most on the TSX, while the second-biggest decliner was Cronos Group Inc , down 3.3% after an industry report said Canadian pot producers may scale back their investments in Europe. * The most heavily traded shares by volume were Bombardier B , down 7.6%; Hexo Corp, up 5.6% and Blackberry Ltd, up 31.2%. * The TSX posted 12 new 52-week highs and no new lows. * Across all Canadian issues there were 54 new 52-week highs and 4 new lows, with total volume of 84.40 million shares. Reporting by Devik Jain in Bengaluru; Editing by Aditya Soni