• New orders 48.1 vs 51.0 prior
  • Employment 47.2 vs 49.4
  • New export orders 47.2 vs 50.1 prior

Into contraction and the lowest since the the survey began in 2010

That could well be some fodder for those expecting further cuts from the BOC

USD/CAD rises to 1.2534 from 1.2510