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Posted AT 12:22 AM EST on 13/11/08

Ottawa bows to banks to keep credit flowing

RICHARD BLACKWELL AND TARA PERKINS

From Thursday's Globe and Mail

Pressure from Canada's big banks pushed the Harper government yesterday to overhaul the terms of financial assistance programs it recently designed to keep credit flowing through the Canadian economy. Finance Minister Jim Flaherty announced a series of measures to support the banks, but also to mitigate the unexpected harm that some of his previous measures had caused.

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