Canada's Fin Min Paul Martin sees growth slowing

Canadian Finance Minister Paul Martin Jan. 24 said economic growth will slow to a "more sustainable" level as a consequence of the weakening U.S. economy. "Canada is not immune to what happens in the U.S.," Martin said in a press conference, "but the largest tax cuts in history were well-timed and certainly gave us momentum to manage whatever turbulence came from down south."

Martin said that after growth in the third quarter that was twice as strong as that of the U.S. economy, fourth quarter

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