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Posted AT 12:12 PM EST on 03/07/08

Canadian IPOs fall to record low

MATTHEW TREVISAN

Globe and Mail Update

The market for new public offerings on Canadian equity markets suffered again in the second quarter, with just 18 new issues worth $466-million, a PricewaterhouseCoopers survey shows. The new issues in the second quarter on Canadian exchanges compared to 20 initial public offerings worth $555-million in the same period in 2007, the survey said.

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