CANADA FX DEBT-Firmer oil helps C$ rebound after hitting one-week low

* Canadian dollar at C$1.3351 or 74.90 U.S. cents
    * C$ had earlier dropped to one-week low vs greenback
    * Bond prices lower across the maturity curve

    TORONTO, Nov 30 (Reuters) - The Canadian dollar rebounded
against the U.S. dollar after a drop earlier on Monday, helped
by firmer crude oil prices, as attention shifted to a busy week
of data and events, including an impending Bank of Canada
interest rate decision on Wednesday.
    Oil prices rose as investors took positions ahead of an OPEC
meeting this week, despite expectations that the producer group
will not change its output policy. 
    Canada's current account deficit shrank in the third
quarter, but not by as much as expected, as an improvement in
trade was partly offset by a higher deficit on cross-border
investment flows. 
    The Bank of Canada is widely expected to hold interest rates
at 0.50 percent and keep them on hold through 2016 when it makes
its policy announcement, according to a Reuters poll.
    At 9:22 a.m. EST (1422 GMT), the Canadian dollar 
was trading at C$1.3351 to the greenback, or 74.90 U.S. cents,
stronger than Friday's official close of C$1.3372, or 74.78 U.S.
    The currency's strongest level of the session was C$1.3355,
while its weakest was C$1.3393, a one-week low.
    Against the euro, the Canadian dollar firmed to C$1.4125 in
anticipation of further policy easing measures from the European
Central Bank at a meeting on Thursday.
    Canadian government bond prices were lower across the
maturity curve, paring recent gains, with the two-year
 price down 2.5 Canadian cents to yield 0.645 percent
and the benchmark 10-year falling 13 Canadian cents
to yield 1.581 percent.
    The Canada-U.S. two-year bond spread was 0.6 basis point
narrower at -28.9 basis points, while the 10-year spread was 1.6
basis points narrower at -64.3 basis points as Canadian
government bonds underperformed.
    U.S. crude prices were up 1.49 percent at $42.33 a
barrel, while Brent crude added 1.32 percent to
    Data on Tuesday is expected to confirm that Canada's economy
pulled out of recession in the third quarter, with annualized
growth forecast to ramp up to 2.3 percent.
    The November employment report will be released Friday and
is expected to show that jobs fell 10,000 after jumping 44,400
in October, according to a Reuters poll.

 (Reporting by Fergal Smith; Editing by Bernadette Baum)