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Canadian commodities firms face uncertainty as stock markets toughen growth

Posted on 03 October 2008

From Canadianpress.com: Crumbling international stock markets are putting a damper on Canadian companies’ ability to shore themselves up with new capital, while merger and acquisition deals that once seemed certain are being tossed by the wayside.

The failure of a U.S. bailout plan has stoked already widespread economic anxiety and knocked the wind out of international stock indexes - the TSX was down almost 600 points at midday Thursday. That has made funding increasingly difficult to find…… Full Article: Source


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