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Forex Trading News - USD/CAD PM Harper on the Wires

Posted by Alex Chernomordin on Thu, 08/28/2008 - 10:52am in

Canadian Prime Minister Harper notes there are no signs of a real recession. He added the following:

  • Harper adds that income growth is significant; employment is staying at high levels.
  • 2 consecutive quarterly GDP declines are not a recession.
  • Employment numbers are softening but remaining quite high.