Bank of Canada Financial System Review, Jun 2005

The Bank of Canada published its semi-annual June 2005 Financial System Review on 9 June. If China's economy were to stall its way into a "hard landing," the biggest hit for Canada would come indirectly through a decline in global commodity prices, the report says.

However, Canada could also face other difficulties if the emerging Asian giant's economy continues to boom at the same rapid pace it has over the past 20 years.

Continued robust growth during the first quarter of this year has

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