Canadian Economic Data to Reinforce Softer Growth Backdrop
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<p>We expect Canadian GDP was unchanged for a second straight month in August (slightly below the preliminary estimate for a 0.1% increase) after dropping 0.2% in June. Wholesale sale volumes increased 0.6% in August, but manufacturing volumes fell 0.7%. Retail sale volumes declined for a third straight month in August (-0.7%) and are tracking more […]</p>
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