Canada's Dodge on monetary policy & global economy

In the speech 'Monetary policy and developments in the global and Canadian economies' given on 25 January David Dodge of the Bank of Canada said prospects for the Canadian economy are solid for 2007 after sluggishness in the last half of 2006.

Dodge said growth should hit an annual rate of 2.75 percent by the end of the year, well above the 1.6 percent recorded in the second half of last year.

"There is evidence that a significant portion of the adjustment in the automotive sector has already

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