Canada's GDP contacted by 0.2% in February

Note: This section contains information in English only.
Source: Forexpros
Canada's economy posted unexpected contraction in February, following marginal expansion of 0.1% in the preceding month, according to Statistics Canada. The country's GDP slumped by 0.2% in February on a seasonally adjusted basis, confronting expectations of a 0.2% growth. After the release of data, Canadian currency extended previous losses against its US rival and USD/CAD traded at 0.9859, soaring by 0.54%.

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