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Posted
The recession is over, the Bank of Canada said in its quarterly Monetary Policy Report released Thursday.

After shrinking since the last quarter of 2008, the Canadian economy will grow by an annualized rate of 1.3 per cent in the current quarter, the bank said.

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Almost three thousand people died needlessly and tragically at the World Trade Center on September 11; ten thousand Africans die needlessly and tragically every single day-and have died every single day since September 11-of AIDS, TB, and malaria. We need to keep September 11 in perspective, especially because the ten thousand daily deaths are preventable.

- Jeffrey Sachs (from his book "The End of Poverty")

Posted

Ah, yes. Not sure why it's in "federal politics". Oh well. My apologies.

Almost three thousand people died needlessly and tragically at the World Trade Center on September 11; ten thousand Africans die needlessly and tragically every single day-and have died every single day since September 11-of AIDS, TB, and malaria. We need to keep September 11 in perspective, especially because the ten thousand daily deaths are preventable.

- Jeffrey Sachs (from his book "The End of Poverty")

  • 1 month later...
Posted

Some people are saying that the recession is nearly over for Canada, at least, and the Finance Minister is being cautious this time around of what he says. Canada has over 400,000 on EI and over 800,000 unemployed and that can't be good for any country. What happens when those people on EI can't find a job? Welfare, foreclosures on their homes, when they can't sell them? I know the government isn't suppose create jobs as everyone says but then some governments do a good jobs losing them through their changes in taxs or labour rules, so why not create them or try harder to keep them here. I heard a US Republican say that they think the US is still in trouble economy and their debt is getting higher ,so I can't see where Canada isn't going to have a delayed reaction to what the US is going through, unless we start more business from other countries to replace some of the business with the US.

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