CANADA STOCKS-Growth data to weigh on TSX at open

Mon Apr 30, 2012 9:23am EDT
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April 30 (Reuters) - Canada's main stock index looked set to open lower on Monday, as commodities edged down after data showed Spain's economy slipped into recession.

Canada's economy declined unexpectedly in February, while producer prices rose a smaller than expected 0.2 percent. Companies expected to post results include Canadian Oil Sands and Suncor Energy.


* Spain's economy slipped into recession in the first quarter, data showed on Monday, with deep government spending cuts to reduce a massive public deficit and troubles in the banking sector likely to delay any return to growth.

* Canada's economy declined 0.2 percent in February compared with January, led by temporary closures in mining and other goods-producing industries which outweighed increases in construction

* Goldcorp Inc, Canada's No. 2 gold miner, said environmental permit approval for its El Morro copper-gold project was suspended by the Supreme Court of Chile.

* Anheuser-Busch InBev, the world's largest beer maker, increased sales of beer in the United States for the first time in three years and said wage rises should ensure increased consumption in Brazil.


* Canada stock futures traded down 0.43 percent   Continued...