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Thursday, March 31, 2016

January 2016 Canadian GDP 0.6% vs 0.3% exp m/m

  • Prior 0.2%
  • 1.5% vs 1.1% exp y/y. Prior 0.5%. Revised to 0.6%

Scaling through the numbers further, manufacturing also played a strong role rising 1.9% with durable manufacturing up 2.6%. It's a positive sign but there's far more that can be done.

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