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TSX looks to head higher as StatsCan GDP report beats expectations

2015-03-03 22:50:35| IT Services - Topix.net

The Toronto stock market appeared set to open higher Tuesday as an upbeat report on the Canadian economy was expected to overshadow a slightly disappointing earnings report from Scotiabank and lower metals prices. Statistics Canada says the economy grew at an annualized pace of 2.4 per cent in the fourth quarter of 2014, better than the the 2.0 per cent forecast by analysts surveyed by Thomson Reuters.

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