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GDP (Nov.) Preview -- 08:30 EDT.........>

CANADA DATA
CANADA DATA: GDP (Nov.) Preview -- 08:30 EDT
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- MNI Median 0.0%, prior -0.1%, was first decline in 8M. 
- MNI survey had no estimates of growth, majority saw 0.0%, rest had -0.1/-0.2%
- GDP hasn't contracted for two consecutive months since Feb/Mar 2016
- Oil activity likely fell in November, around time Keystone pipeline
ruptured...
- Factories and wholesaling declined, while housing likely gained
- Economy may still grow around BOC Q4 estimate of 0.3% ar even if GDP is flat
- CN Rail strike may also weigh on transport/industrial production/farm sales

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