Finance Minister Fkaerty should be sacked due to the record deficit projection of C$ 50 bln made yesterday. By that logic, every finance minister in the developed world should be sacked given the nature of the global downturn.
One of Canada’s great strengths has been its balanced budgets over the last dozen years. This is precisely the time to run a cyclical deficit. When the economy recovers, spending should be trimmed…
USD/CAD is unruffled, trading at 1.1145, up from 1.1101 lows.
