Canadian decline slows in second quarter

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Uploaded by on Sep 1, 2009

www.tradingfloor.com
The Canadian economy continued to shrink in the second quarter at an annualized rate of 3.4% versus expectations of 3.0%, but at a slower rate than previously. It fell by an annualized rate of 6.1% in the first quarter of 2009 (revised down from 5.4%).

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