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Canadian GDP is scheduled for release at.....>

CANADA
CANADA: Canadian GDP is scheduled for release at 1230GMT alongside Industrial
Product and raw metal prices for August. The m/m growth rate in GDP is expected
to tick up to 0.1% from a June prior which was flat. Industrial product prices
previously grew by 6.6% y/y, whilst raw material prices grew by 3.6% y/y
previously. Interestingly, RBC come in slightly below consensus at 0.0% and say
the weakness is largely down to transitory disruptions at the Syncrude oil sands
operation due to a poer outage. RBC adds, oil sands activity is expected to
recover in August, so though Q3 activity may take a hit, we see a rebound in Q4
back to 2.6%.

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