CANADA FX DEBT-C$ slides on weak data, souring outlook
* C$ ends lower at C$0.9884 to the U.S. dollar, or $1.0117
* Touches lowest level since Aug. 11, pares losses
* Bond prices surge for third session on flight to safety
* Focus shifts to CPI, Canadian policy makers
* TD, CIBC downgrade Canadian dollar forecasts (Updates to close)
By Ka Yan Ng
TORONTO, Aug 18 (Reuters) - Canada's dollar fell hard against the U.S. currency on Thursday, weakening on worries over the European debt crisis and a raft of gloomy U.S. data that added to an already souring outlook for the world economy.
The nervousness, however, sent government of Canada bond prices surging for a third straight session in safe-haven gains as investors exited riskier stock markets.
The glum global outlook is one of the key points a parliamentary committee will examine on Friday when Finance Minister Jim Flaherty and Bank of Canada Governor Mark Carney will be grilled on the possible fallout for the domestic economy. [ID:nN1E77F1AL] Continued...