Posted on 09/04/07
Canada's curious de-globalization
Everyone knows globalization is an irresistible worldwide process enveloping every economy, including Canada's, in its market-driven tentacles. Right?Wrong.In fact, since 2000, Canada's economy has been curiously de-globalizing before our eyes. The importance of global markets to our employment and production has been diminishing, not increasing -- and at a remarkable pace. Year-end GDP numbers for 2006, recently released by Statistics Canada, confirm this surprising trend.
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