Canada’s gross domestic product fell by 0.1% in December, according to data released moments ago by Statistics Canada, after growing by 0.1% in November, below expectations (0.0%).,
In details, the growth in the commodity-producing industries sector decreased by 0.6%, while wholesale trade contracted by 1.3%, and the growth in the transportation and storage sector decreased by 1.0%.
The Canadian dollar is trading at 1.3587 levels against the US dollar before the opening of the US markets.