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#1
03-02-2009, 04:10 PM
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Canadian economy shrank at 3.4% annual rate in the last 2008 quarter
Canadian economy shrank at 3.4% annual rate in the last 2008 quarter, according to Statistics Canada. After the report the Canadian dollar dropped against major currencies. The Bank of Canada is expected to bring down the key interest rate to 0.5 per cent, but I don't think this will help our economy in any way.
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Bear with me please 
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