Australia’s economy hopping, Canada’s limping, along

Australia is one of only two OECD countries that didn't slip into recession in this latest global downturn


By Todd Hirsch Last week the country of surfers, spiders and kangaroos turned some heads in the global financial markets. Australia's central bank raised interest rates. That's right, it raised rates . . . tapping on the economic brakes just as most other countries around the world are still stepping on their economic accelerators.
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