INSTANT VIEW-Canada economy slows sharply in second quarter

Newswire

TORONTO, Aug 31 (Reuters) - Canada's economic growth rate slowed more sharply than expected in the second quarter on weaker consumer spending and trade performance, fueling expectations the Bank of Canada's rate hikes will be gradual. LINKS: Story [ID:nN31202447] Web: http://www.statcan.ca/start.html COMMENTARY: MARK CHANDLER, HEAD OF CANADIAN FIXED INCOME AND CURRENCY STRATEGY AT RBC CAPITAL MARKETS "It's obviously missed on the headline but if you look at the composition of it, ...

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