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Posted AT 9:26 PM EST on 29/04/08

Banks bank on ‘healthy' Canadian consumer

From Wednesday's Globe and Mail

Canadian consumers are in such good shape they could probably afford to pile on a little more debt, executives of the country's biggest bank suggested yesterday, as U.S. data showed American consumer confidence at its weakest since the lead-up to the U.S. invasion of Iraq, and home prices dropping faster than ever before.

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