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Economic slowdown in late 2014 not as bad as expected
It is no surprise that growth of the Canadian economy slowed in the last three months of 2014, but experts say it still performed better than expected. Statistics Canada says the economy slowed to a 2.4 per cent growth rate at the end of the year during falling oil prices. But the stronger than expected reading is another sign the central bank will leave its key interest rate alone in an update tomorrow. The annualized growth rate for the fourth quarter of 2014 was close to the Bank of Canada's...
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