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Posted AT 4:53 PM EDT on 26/04/06

Dollar jumps to 14-year high

Globe and Mail Update

The Canadian dollar rose to its highest level in more than 14 years Wednesday after Canada's productivity rate last year was shown to be the best since 2000, thanks to a revision of previously released data. Canada's productivity, long a source of concern for economists, investors and politicians alike, rose at a much faster pace than expected in 2005, after no growth in the preceding two years.

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