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Major cities enjoy economic rebound

<br><br> Canada's major cities are in the midst of an economic rebound, led by Montreal and followed closely by Toronto. While economic activity is picking up, though, jobless levels are still running high. An economic activity index by CIBC World Markets has climbed back to pre-recession levels, the bank said in a report, citing the healing in the manufacturing sector. That shows in the performance of the 25 biggest Census Metropolitan Areas. <br><br>

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Canada's major cities are in the midst of an economic rebound, led by Montreal and followed closely by Toronto. While economic activity is picking up, though, jobless levels are still running high. An economic activity index by CIBC World Markets has climbed back to pre-recession levels, the bank said in a report, citing the healing in the manufacturing sector. That shows in the performance of the 25 biggest Census Metropolitan Areas.