The Canadian dollar was lower Friday as economic growth for August missed already modest expectations.
The loonie was down 0.27 of a cent to 89.05 cents (U.S.) as Statistics Canada reported that gross domestic product dipped 0.1 per cent against the flat showing that economists had expected.
On an annualized basis, GDP was at an annualized pace of 2.2 per cent, missing expectations of 2.3 per cent.
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