Slowdown of Growth Rate Pinches Canada's Economy.

The article focuses on the slowdown of growth rate in Canada. It says that Canada has run a current account deficit of more than one billion dollars a year since 1956 and Canadians have been importing more goods than they exported since 1955. It states that Canada's balance of payments on current account, which include imports, interest, and transportation costs, has been in worse shape, and its account deficit in the first quarter of 1960 was 97 million dollars less than in 1959.