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Canada Q2 GDP q/q annualized +4.5% vs +3.7% expected

The first look at second quarter Canadian growth
– Best quarter since 2011
– Q1 was +3.7%
– Q4 2016 was +2.7%
– Economists estimates ranged from +2.4% to +4.0%
Fantastic reading, very big beat. Canadian dollar higher, sending USD/CAD down to 1.2587 from 1.2650.