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The Salmon Strategy: Power Swims Upstream to Canada.

Fortnightly Magazine - June 15 1996

are good. The Canadian economy is rebounding, with the Organization for Economic Cooperation and Development forecasting GDP growth ahead of expansion. Private consumption expansion in 1996-97 is expected to grow more than 3 percent annually, with imports up 6 to 7 percent. Both the Canadian dollar and housing demand are up, and Québec intends to cut its deficit in half. The only competition comes from Labrador. You could do worse for a market. t

Stephen Maloney is president of Devonrue LTD, a consulting firm to power and telecommunications companies.

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