WRAPUP 1-Canada recovery zooms, rate hike widely expected

Newswire

* Growth is fastest since Q4 1999 at annual rate * Robust March growth signals good hand-off to Q2 * Confirms expectations of rate hike on Tuesday * Producer prices edge higher on metals products By Louise Egan OTTAWA, May 31 (Reuters) - Canada's economy expanded at the fastest clip in more than a decade in the first quarter, fueling expectations that on Tuesday the Bank of Canada will become the first G7 country to raise interest rates since the start of the recession. ...

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