The misgivings of U.S. businessmen about the current state of the U.S. economy are nothing like the economic complaints issuing from their neighbors to the north in Canada. After a decade of thrusting growth, the Canadian economy is gripped by a far more serious recession than anything the U.S. faces, and it has caught the naturally optimistic Canadian public by surprise. A slump in key industries mining, manufacturing, house building promised the worst unemployment since the Depression and a winter in which 720,000 workers, or 11% of the work force,...
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