The economic slowdown in Canada है — at least so far — been कम गंभीर than the crushing financial troubles that have weakened the U.S. अर्थव्यवस्था.

तथापि, Canada’s economy is tightly linked to that of its south-of-the-border neighbor, as today’s ग्लोब एंड मेल रिपोर्टें:

The success of the new U.S. stimulus package in stabilizing financial markets is crucial for Canada’s economic recovery, कनाडा के गवर्नर मार्क कार्नी के बैंक का कहना है.

In comments to the House of Commons Finance Committee on Tuesday, श्री. Carney defended his controversial projections for 3.8-प्रति फीसदी वृद्धि 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 (अमेरिका) needs to work in order for the Canadian projections to materialize.

The good news is:

(श्री. कार्नी) कहा कनाडा में कई बातें इसके लिए जा रहा है, allowing a quicker recovery यहाँ. श्री. Carney pointed to Canada’s hefty interest rate cuts, the well-functioning banking system, the depreciation of the loonie, fiscal stimulus, a recovery in emerging markets that lifts commodity prices, और solid balance sheets among Canadian households and businesses.

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