MONTREAL (AFP) - Canada is reviewing infrastructure projects that could be launched quickly to minimize the impact of the global economic turmoil on the Canadian economy, Finance Minister Jim Flaherty said Monday.

Flaherty said Canada is "not in a recession right now," but was not about to bounce back to full strength in the coming months.

"I think it's reasonable that we may have a technical recession... two negative quarters in a row," he said.

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Posted by boyang at November 25, 2008 7:49 AM