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...economist Krishen Rangasamy of Toronto-based CIBC World Markets. "But the strong Canadian dollar will act as a break on the Canadian economy." He expects Canada's GDP to grow at an annualized rate of 3.3% in the fourth quarter, and 2% in 2010. This compares with CIBC's lower estimate of GDP growth for the U.S., with 2.4% expected for the fourth quarter...
...remain optimistic about Canada's economy point to a changed industrial landscape, with Canadian companies now more competitive. "The [recession] survivors are in pretty good shape," says Gerry Fedchun, president of the Automotive Parts Manufacturers' Association. "They've become more efficient, which means they can make money at lower volumes and margins...
...used to cost many thousands of dollars and were found in only the highest-end home theaters. But with the Optoma HD20 ($999) and subsequent offerings from competitors, the middle market can now afford super home-theater projection too. In fact, with all these pocket-size microprojectors flooding the lower end of the market, it's practically raining projectors these days...
...growing chorus of market watchers says no. The concern is that the stock market is overwrought and that down is the only sensible direction to head. Sure, individual companies have been quick to bounce lower based on bad news. Both insurance outfits and financial firms lost ground on Tuesday thanks to two big events - the passage of a health-reform bill by a key Senate committee and a Goldman Sachs downgrade by an influential banks analyst. (Read "How to Know When the Economy Is Turning...
...Highlighting the plight of childless uninsured adults is also a welcome counterbalance to media coverage of the issue, which often focuses on uninsured children and families. Amid the grim statistics, the foundation mentions a bright spot: the fact that recent expansion of children's health-care programs has helped lower the number of uninsured children. The notion that young people should have access to adequate health care has long drawn bipartisan political support; reaching that same goal with adults has, until now, proven far more difficult to accomplish...