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Seven-year-old commodity price boom had big impact

Posted on 14 November 2008

From Canadian Press: Statistics Canada says the seven-year-old boom in commodity prices had a large impact on key sectors of Canada’s economy, buttressing export earnings and profits.

The agency says companies substantially increased fixed investment in the resource sector before the recent world financial crisis put a damper on commodity prices. Resources were the leading factor in lifting the stock market to record heights, while attracting direct foreign investment flows into Canada…… Full Article: Source


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