L' ralentissement économique au Canada a — at least so far — been moins sévère que les troubles financiers de concassage qui ont affaibli les États-Unis. économie.

Cependant, Canada’s economy is tightly linked to that of its south-of-the-border neighbor, as today’s Globe and Mail rapports:

L' success of the new U.S. stimulus package in stabilizing financial markets is crucial for Canada’s economic recovery, Banque du Canada Mark Carney, gouverneur dit.

In comments to the House of Commons Finance Committee on Tuesday, M.. Carney defended his controversial projections for 3.8-pour cent la croissance in Canada’s economy next year. But he warned that the financial-markets aid package being introduced by Washington to mobilize more than $1-trillion (US) needs to work in order for the Canadian projections to materialize.

The good news is:

(M.. Carney) dit Le Canada a beaucoup de choses pour lui, allowing a quicker recovery ici. M.. Carney pointed to Canada’s hefty interest rate cuts, l' well-functioning banking system, l' depreciation of the loonie, fiscal stimulus, a recovery in emerging markets that lifts commodity prices, et solid balance sheets among Canadian households and businesses.

Photo ©Alan Albert