Posted AT 7:50 PM EST on 13/03/08
Resource boom can't last, Carney says
TORONTO — The high commodity prices that have shielded Canada from recessionary conditions in the United States are poised to weaken and drag down the Canadian economy, the Bank of Canada's new Governor warned yesterday.
Even though oil and gold have been trading at record levels over the past few days, Mark Carney said in an interview he is looking beyond the day-to-day market gyrations to determine how the U.S.
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