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| | U.S. economy drags Canada down (Site not responding. Last check: 2007-11-05) |
 | | The U.S. economic slowdown is already under way and will act as a drag on Canada's economy for the rest of this year and into 2007, a Canadian bank economist said yesterday. |
 | | Combined with the impact of the strong dollar and a downward correction in commodity prices as the world's largest economy slows, growth here would decelerate to 2.25 to 2.5 per cent from the 3.8 per cent reached during the first quarter of this year, Mr. |
 | | What's happening is a mid-business-cycle, and mid-decade slowdown in the North American economies, he said, noting that there were North American recessions at the start of the 1980s, 1990s, and, in the U.S., early this decade, and that this slowdown should be similar to the slowdowns in the mid-1980s and '90s. |
| www.canada.com /ottawacitizen/news/business/story.html?id=ce0b3a9e-bbba-4d0e-8476-36b3b6254c61 (430 words) |
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