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1Q real GDP +1.3% annualized vs +2.0%...>

CANADA DATA
CANADA DATA: 1Q real GDP +1.3% annualized vs +2.0% expected, 
weakest performance since 2Q'16. Hsehld consumptn +0.3% q/q, slowest 
since 1Q'15; Biz investmnt +0.9% vs 4Q +2.3%. Exprts +0.4%, imprts 
+1.2%. Hsg investmnt -1.9%, lrgst drop since 1Q'09. While 1Q GDP was 
below analysts' expectatns, it matched the BOC's Apr projection. 
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Mar GDP +0.3% vs +0.2% expected, handing off a good start to 2Q. 
Goods +0.6%. Services +0.2%. Energy +1.8%. GDP ex energy +0.1% vs Feb 
+0.3%.

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