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The capital and largest city of Manitoba, Winnipeg is located
at the confluence of the RED RIVER and ASSINIBOINE RIVER,
100 km north of the Minnesota border.
Lying midway between the Atlantic and Pacific oceans, it
has been called "Bull's Eye of the Dominion," and situated
where the Canadian SHIELD gives way to the prairie, "Gateway
to the West."
Winnipeg is the Canadian city which receives the most winter
sunshine, averaging 358.2 hours. The name derives from the
Cree name for the lake 65 km north, Win-nipi, meaning "murky
water."
Economy
Winnipeg dominates Manitoba's economy, containing 55% (1996c)
of the provincial population and 65% of its labour force,
producing most of its manufactured goods and accounting for
more than two-thirds of its retail sales. It is still pre-eminently
a transportation centre, with extensive rail and air links,
the head offices of several major Canadian trucking firms
and the Canadian Air Force headquarters, Air Command. However,
the economy has diversified with strong manufacturing and
export industries which protect it from boom-or-bust cycles
and create a stable, albeit slower-growing economy.
Recently there has also been growth in MEDICAL RESEARCH, health
care industries, TELECOMMUNICATIONS and information-processing
companies. Still the headquarters for Canada's grain industry,
it is home to the country's only commodity exchange (seeWINNIPEG
COMMODITY EXCHANGE).
Winnipeg has also retained some of its prominence as a financial
and insurance centre. All 3 levels of government are major
employers but in recent years have reduced staff due to budget
restraints.
The UNIVERSITY OF MANITOBA (founded 1877), the UNIVERSITY
OF WINNIPEG (founded 1871, as Manitoba College), St-Boniface
College (founded 1818) and more recently Red River Community
College, Concord College, Catherine Booth College and Providence
College are located in Winnipeg.
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