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TORONTO, March 7 (Reuters) - The Canadian dollar was slightly firmer following the release of a report showing Canada's trade deficit narrowed in January as exports grew at a faster rate than imports.
The Canadian dollar initially weakened to C$1.0317 to the U.S. dollar, or 96.93 U.S. cents, following the release of the data. But it then firmed to C$1.0303. It had closed at C$1.0315 versus the U.S. dollar on Wednesday.