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Canada's GDP number comes in soft

Published 03/02/2018, 08:41 AM
© Reuters.  Canada's GDP number comes in soft
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  • Q4 GDP growth of 1.7% was shy of expectations for 2%. In addition, Q3 growth was revised lower to 1.5%.
  • Household consumption growth in Q4 slowed to 2.1% from 3.7% in Q3.
  • For all 2017, real GDP rose 3% - the fastest annual pace since 2011.
  • The loonie (NYSEARCA:FXC) remains under pressure, mostly thanks to U.S. steel and aluminum tariffs. It's down 0.3% to $0.7767.
  • Now read: Markets Unanchored?


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