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Oil prices pull Canada into recession, fuelling concerns Australia could be next - ABC Online
ABC Online | Oil prices pull Canada into recession, fuelling concerns Australia could be next ABC Online Canada fell into a recession in the first half of the year as its economy reeled from the impact of low oil prices. According to Statistics Canada, the economy contracted 0.5 per cent in the second quarter after retreating 0.8 per cent in the previous ... The oil slump has thrown Canada back into recession Hit by cheap oil, Canada's economy falls into recession Canada Economy Shrinks for 2nd Straight Quarter on Oil Shock |
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