Global problems could throw Canada off course: Flaherty

August 16, 2012

The following is excerpted from the 15 August 2012 edition of Reuters Canada.

A stubbornly fragile global economy could throw Canada's steadfast growth and job creation off track, Finance Minister Jim Flaherty said on Wednesday, although he highlighted a slowing housing market and increased investment on machinery as positive developments.

Speaking to reporters hours before a visit to Ottawa by German Chancellor Angela Merkel, Flaherty said recent steps by the European Central Bank to ease the debt crisis there were useful. But much more had to be done.

This article is available in its entirety at:
http://ca.reuters.com/article/domesticNews/idCABRE87E0NI20120815

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

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