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Posted AT 9:52 AM EST on 31/01/08

Canadian economic growth slows

Globe and Mail Update

The Canadian economy slowed in November as a record high dollar took a toll on factories and forestry firms. The country's gross domestic product expanded 0.1 per cent in the month, Statistics Canada said Thursday, in line with economists' expectations and cooler than the 0.2-per-cent growth tallied in October. The report confirmed the Canadian economy eased in the second half of the year as currency-related woes and weakening U.S. demand stung exporters.

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