Thursday, July 5, 2007

Personal bankruptcies rise in Ontario, Quebec

(Reuters) - The two provinces have been heavily affected as the strong
Canadian dollar takes a toll on jobs in the manufacturing
sector, the report said.




"They rely more heavily on the
manufacturing sector because they don't have the oil boom that
Alberta has," said Benjamin Tal, CIBC senior economist and the
report's author. "So we really don't have one economy. We have
two -- the West and the rest."


Read more at Reuters.com Bonds News

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