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Quebec will be hard hit by U.S. slowdown in electronics and telecom: National Bank

News | 06/04/2001 4:00 am EDT

Any economic gains projected for the Canadian economy will be offset by losses in the electronics and telecom sectors, with Quebec feeling the greatest impact, a new report finds. The National Bank of Canada’s Economic and Financial Outlook Summer 2001 credits low interest rates and tax cuts for a projected 2.8 per cent upswing in the Canadian economy.

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