Finance Minister Warns ‘Canada’s economy remains vulnerable’

“Canada’s economy remains vulnerable to global risks, Finance Minister Jim Flaherty warned today,” a CBC news online article wrote last week.

The article continued, “While boasting that Canada has done the best among the G7 countries in terms of job creation, Flaherty told the St. John’s Board of Trade that ‘the global economy remains frustratingly fragile.’ ‘For example, growth in a number of emerging-market economies is slowing, and concerns are growing about the capacity of the U.S. to balance the necessary fiscal consolidation while sustaining economic growth,’ he said. Flaherty focused on Europe’s debt crisis as the most immediate challenge.” Read the full article here.

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