|
BOC's Carney Says Economy Is Strongest of the G7 |
|
|
|
Canadian Economy |
Written by CEP News |
May 01 08 17:32 GMT |
|
|
(CEP News) - Canada has the best performing economy of the G7 and is not likely to slip into recession, said Bank of Canada Governor Mark Carney in a media scrum following his testimony to the Standing Committee on Finance at the House of Commons.
He also said monetary policy was forward-looking, and took into account the global economic turmoil, including the slowdown in the United States. Consequently, the Bank of Canada's view is for a slowdown of GDP in the first half of 2008, with momentum picking up in the second half. By Erik Kevin Franco,
This email address is being protected from spam bots, you need Javascript enabled to view it
, edited by Cristina Markham,
This email address is being protected from spam bots, you need Javascript enabled to view it
|
