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Provide a brief summary of the context salient features of

HBS Case 9-110-023: "Choosing a GAAP for Canada"

Prepare group case analysis in good form containing three parts:

1. Provide a brief summary of the context (salient features of Canadian economy, development status, integration into the global economy, and stock markets;

2. Compare the costs and benefits of IFRS vs. US GAAP for Canada, including political considerations; and

3. Evaluate Canada's choice.

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Accounting Basics: Provide a brief summary of the context salient features of

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