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From Times Staff and Wire Reports

Canada’s Economic Recovery Stalls: Canada’s beleaguered economy slowed during the third quarter as its gross domestic product grew a scant 0.2% and the current account deficit hit a record high, Statistics Canada, a government agency, said. The statistics were in sharp contrast to strong second-quarter results that formally ended Canada’s recession, economists said. “We will have a recovery that is not as strong as other recoveries,” said Susan Clark, chief economist with the brokerage house Richardson Greenshields of Canada Inc. GDP, which measures Canada’s total economic output, fell 0.1% in September after declining 0.3% during August.

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