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A roundup of what The Globe and Mail’s market strategist Scott Barlow is reading this morning on the Web

Merrill Lynch economist Emanuella Enenajor writes that the Canadian economy is "hooked on housing" and this provides a difficult dilemma for domestic politicians, particularly in Ontario. Ms. Enenajour writes, “In the past eight quarters, residential construction has directly added an average 0.3 pp to real GDP growth. This is around a third of total economic growth [and] Gains in residential real estate and land have accounted for roughly half of the increase in household net worth over the past year.”

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