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Commodity index altered to reflect oil’s rise

Posted on 29 February 2012

A tectonic shift is occurring in the Canadian economy that will see oil increasingly become the dominant driver of wealth in the country, says the Bank of Nova Scotia’s chief commodity analyst.
Patricia Mohr, vice-president of economics and commodity market specialist at Scotiabank, says there have been dramatic shifts in the export of natural resources in the last few years, with oil and gas commodities the clear winners and lumber products suffering since the U.S. housing market crashed………………………………………..Full Article: Source


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