How very sad. It seems Canada’s brief period of economic glory has ended.
“Canadian economic growth stalled in the second quarter,” the Bank of Canada noted on Wednesday. It was one raindrop in a downpour of bad news. “Canada falls out of the top 10 in 2011 global competitiveness rankings,” concluded a Conference Board of Canada study released the same day. “Small business optimism down in August,” the Canadian Federation of Independent Business reported.
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