Canadian Prime Minister Harper says that the “so-called” economic recovery is still fragile. He asks opposition members to focus on the economy and not on the possibility of elections should they decide to bring the government down.
Harper bought himself some time a month or so ago, politically, working out a deal with the minority, but there are still differences over unemployment benefits to be worked out.
USD/CAD holds in the lower end of its range, now at 1.0820. A full retracement of yesterday’s oil losses has stoked risk appetites, along with a rise in equity indexes.
