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Canadian economy spared damage from U.S. fiscal cliff

The following is excerpted from the 2 January 2013 edition of Global News.

Canada has at least one less thing to worry about after its largest trading partner found a way to avoid the much-feared “fiscal cliff.”

Talks between Democrat and Republican politicians in the United States went down to the wire, but a deal was finally reached on New Year’s Eve, passed by the Senate that day, and by the House of Representatives on New Year’s Day. President Barack Obama is expected to sign it into law soon.

This article is available in its entirety at:
http://www.globalnews.ca/economy/6442780977/story.html

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel
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