“We can’t expect to be on a completely different track than the rest of the worl…

“We can’t expect to be on a completely different track than the rest of the world,”

“If the global economy slows, the Canadian economy is going to slow.”

“The big challenge for us is our export market,”

“That’s where the global recession affected us, that’s where the global slowdown is affecting us again.”

“We know what the problem is right now. There are literally trillions of dollars sitting on the sidelines throughout the western world and we’ve got to find ways, you know, in other economies to restore confidence and get that money back into the economy.”

“So we don’t have a sovereign debt issue. We have obviously a deficit under these economic circumstances but nothing that’s structural or protracted.”

“We have a full range of economic assets that has, you know, allowed us to have some good response in certain export markets,”

“But, look, you know, I’m not trying to fool you. With all the assets we have and all the things we’ve done right, we are nevertheless a small open tr…


Export-reliant economy makes Canada vulnerable to global downturn: Stephen Harper
http://www.vancouversun.com
The Canadian economy’s export-driven base is “very vulnerable” to the global economic slowdown, says Prime Minister Stephen Harper.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s