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0.00294314381270901 0.00120401337792647 0.00107023411371235 0.00307692307692313 0.00976588628762547 0.0223411371237458 0.0303678929765888 0.02247491638796
Stock impact report

The Daily Chase: Canadian GDP numbers increase odds of a cut [BNN Bloomberg (Canada)]

Restaurant Brands International Inc. Common Shares (QSR) 
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am Check Earnings Report
US:NYSE Investor Relations: rbi.com/investor-home
Company Research Source: BNN Bloomberg
numbers don't paint a picture of an economy firing on all cylinders. Statistics Canada reported Tuesday morning that the country's Gross Domestic Product (GDP) grew by 0.2 per cent in February . That's down from a revised 0.5 per cent in January and below the 0.3 per cent expected. The advance look on March is looking like a flat showing for that month, which means the first quarter as a whole is going to eke out very little growth, if any. The loonie plunged on the news, falling about a quarter of a cent. The weak showing adds to the likelihood that the central bank is going to be comfortable easing its monetary policy soon with a rate cut possibly as soon as June. Trading in overnight index swaps implies investors think there's about a 50-50 chance of one at the bank's next policy meeting. “I think that's looking more likely after these numbers,” said Dylan Smith, a senior economist with Rosenberg Research, on BNN Bloomberg's The Street this morning. “There's no way around it – that Show less Read more
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