Government of Canada Continuing to Take Steps to Keep Economy Strong

September 12, 2012

The following is excerpted from an 11 September 2012 news release by the Department of Finance Canada.

The Honourable Jim Flaherty, Minister of Finance, today told a business audience in St. John’s that, while Canada continues to have strong economic and fiscal fundamentals, Canada’s economy remains vulnerable to global risks.

“While the Canadian economy has achieved the best performance on jobs and growth among
G-7 countries, creating almost 770,000 net new jobs since July 2009, the global economy remains frustratingly fragile,” Minister Flaherty told the St. John’s Board of Trade. “Any potential offshore setbacks could generate serious adverse impacts on Canada. It is for this reason that our Government continues to be vigilant and to take prudent action through our Economic Action Plan.”

This release is available in its entirety at:
http://www.fin.gc.ca/n12/12-104-eng.asp

Topic(s)

International Trade and Border Management

Information source

Global Affairs Canada (GAC)

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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