OTTAWA BUREAU CHIEF Canada will not commit to an increase in stimulus spending at next week’s critical international meeting on the world economy, saying it has already pulled its weight and it’s time that others did as well.
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Canada “will not be bullied” by Russia on Arctic sovereignty, Foreign Affairs Minister Lawrence Cannon said Friday amid reports the superpower is planning to create a new military force to protect its interests in the area.
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Prime Minister Stephen Harper will spend two days in the U.S. selling Canada’s solution to the global fiscal crisis — fix broken banks and maintain free trade — ahead of crucial meetings with world leaders in London next week
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Canada on Friday called for a focused agenda for next week’s G20 summit to discuss economy and fixing the global financial system, saying that “timely, targeted and coordinated action from all major economies” is necessary.
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Prime Minister Stephen Harper will spend two days in the U.S. selling Canada’s solution to the global fiscal crisis.
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March 25 (Bloomberg) — Canada’s economy will shrink at an 8.5 percent annualized pace in the first quarter, and the deepening recession will add C$9.5 billion ($7.7 billion) to federal deficits over the next two years, the head of Parliament’s budget office said today.
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