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Posted AT 5:37 PM EST on 29/01/08

Canada won't escape U.S. woes, TD chief says

Globe and Mail Update

Toronto-Dominion Bank chief executive Ed Clark says a significant slowdown is coming, and the Canadian economy will not decouple from the United States. Speaking to a financial services conference in New York, Mr. Clark spoke positively of the domestic banking environment. “I always say to people if you don't buy me, buy one of the Canadian banks,” he told the room of investors. “It's been a terrific story in Canada.

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