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Posted on 14/11/06

Rae has financial edge in leadership race

OTTAWA -- Bob Rae's Liberal leadership bid has built up a $705,000 debt to give it a financial edge over other campaigns, new financial-disclosure documents reveal.The money all comes from within the family, including $580,000 in loans from Mr. Rae's brother, Power Corp. executive and former Jean Chrétien campaign manager John Rae. The campaign also borrowed $125,000 from the candidate himself.

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