Canada February GDP +2.1% vs +2.2% y/y expected

Canada February 2020 GDP:

• Prior was +1.8%
• GDP m/m 0.0% vs 0.1% expected

Canada wasn't doing particularly well in Q1 even before the pandemic hit. Part of that was the fall in oil prices early in the year.

• March industrial product price -0.9% vs -2.0% expected
• March raw materials price index -15.6% vs -4.7% prior