Canada's economy shrinks more than expected
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GDP growth forecastReuters
•Business
Business & Economics
Canada's GDP contracts by 0.2% in November, likely rebounded following month

82% Informative
Canada 's economy shrinks by 0.2% in November on a monthly basis from a 0.3% rise in October .
Analysts polled by Reuters had estimated the GDP to drop by 01% and economists foresee a bounce-back in December .
Currency swap markets trimmed the chances of a 25 -basis-point rate cut by the Bank of Canada .
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