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Posted AT 9:07 AM EST on 20/11/08

Rae to formally launch campaign Thursday

Globe and Mail Update

Bob Rae formally launched his campaign to head the national Liberal Party on Thursday, arguing the economy needs his leadership in difficult days to come, a bold move given the baggage he has been tagged with since his days as Ontario premier. He presented himself to journalists as the seasoned, best-prepared candidate for the party's top job.

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