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3Q real GDP +2.0% annualized, as +0.5%..>

CANADA DATA
CANADA DATA: 3Q real GDP +2.0% annualized, as expected; +0.5% q/q. 
Househld consumptn slows to +0.3% q/q, smallest gain since 1Q15. Biz 
investmnt disappoints at -1.7% q/q, with non-res structures and M&E 
-1.8%, lrgst drop since 4Q16. Invstmnt in bldg and engineering 
structures -1.3%, dragged by oil&gas. Exprts +0.2%. Hshld spdg contrib 
to ann. GDP 0.7 ppt vs 2Q 1.3 ppt. Biz invst cuts GDP by 1.3 ppt. Exprt 
contrib +0.3 ppt. 
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Sept GDP -0.1% vs +0.1% expected. Goods -0.7%, lrgst drop since 
Oct'17 with all categories down. Services +0.2%. Tot GDP ex energy 
flat. Energy -1.4%,lrgst drop since Oct'17.

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