Archive for June 15th, 2009

Flaherty sees U.S. deficit as biggest threat to recovery

The biggest risk to Canada’s economic recovery is not the rising dollar or climbing oil prices, but the burgeoning U.S. deficit, Finance Minister Jim Flaherty said at the close of the Group of Eight finance ministers meeting.
Although Canada is showing signs of renewed economic life and better consumer confidence, Mr. Flaherty said “I worry about [...]

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