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October 7, 2004

Global Economic Developments and the Implications for Ontario

Remarks David Dodge Ontario Economic Summit Niagara-on-the-Lake, Ontario
One theme that I heard repeatedly in Washington is that 2004 is turning out to be a better year than many had thought, particularly over the first half of the year. Indeed, the IMF is now projecting global economic growth of 5 per cent in 2004, which would be a marked improvement from the 3.9 per cent rate seen in 2003.