Posted AT 8:09 AM EST on 03/04/08
Ontario teetering on brink of recession: RBC
OTTAWA — Ontario's economy has come to a halt, and even Alberta will feel the effects of a global slowdown this year, according to a new forecast.
Like the United States, Ontario's economy is “on the brink of recession” in 2008, says Royal Bank of Canada in a report released Thursday morning. The drag on Ontario's exports will mean that Canada's biggest province will only eke out 0.
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