From: abc@123.cl   
      
   Economy to grow 2.7% in 2010: report   
      
      
   July 30, 2009   
      
      
   The report said “provinces most affected by the global recession will   
   see the strongest rebound with growth averaging well over 3%. Boosted   
   by federal fiscal stimulus and a turnaround south of the border, the   
   recovery will take shape as the second half of 2009 progresses.”   
      
   The report said “provinces most affected by the global recession will   
   see the strongest rebound with growth averaging well over 3%. Boosted   
   by federal fiscal stimulus and a turnaround south of the border, the   
   recovery will take shape as the second half of 2009 progresses.”   
   Photograph by: National Post illustration, National Post illustration   
      
   OTTAWA -- The Canadian economy will begin to recover in the second half   
   of 2009 -- led by Atlantic Canada and Manitoba -- but will still end   
   the year with negative growth of 1.9%, according to the Conference   
   Board of Canada.   
      
   However, gross domestic product is forecast to increase 2.7% in 2010,   
   the board said in its summer provincial outlook, released Thursday.   
      
   “The economies of Manitoba and the Maritime provinces are not prone to   
   boom-bust cycles, so they have been sheltered from the downturn,” said   
   Marie-Christine Bernard, the Conference Board’s associate director.   
      
   “Economic conditions deteriorated over the past few months in other   
   provinces, especially in Ontario and Saskatchewan,” she said. “All   
   provinces will recover slowly over the next year. Saskatchewan, British   
   Columbia, Alberta and Ontario are expected to post the strongest growth   
   in 2010.”   
      
   The report said “provinces most affected by the global recession will   
   see the strongest rebound with growth averaging well over 3%. Boosted   
   by federal fiscal stimulus and a turnaround south of the border, the   
   recovery will take shape as the second half of 2009 progresses.”   
      
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    * Origin: you cannot sedate... all the things you hate (1:229/2)