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Canada avoids fall into recession

30-Aug-2008
Story Timeline:  97 days

By Christopher Mason in Ottawa Canada's economy expanded by a weaker-than-expected 0.1 per cent in the second quarter. The data are seen as further evidence that the economy has stalled because of falling US demand for goods. The slim growth means that the country narrowly avoided a technical recession - often defined as two consecutive... [read full story]                    

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Latest article on this story:

No recession, but 'we're stagnating'

theglobeandmail.com 30-Aug-2008
First article on this story:

German economy minister says country is 'not in a recession'

finanznachrichten.de 27-Aug-2008
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Ontario, North America, Ottawa, Canada