Christia Freeland, Canada’s finance minister, issued a warning about the global economic slowdown today (Wednesday), emphasising that Canada has the resources to weather the forthcoming “tough days.”
In a speech at Windsor, Frieland stated that “there are still some difficult days for the Canadian economy and the economies of all our friends and allies around the world.”
“We pledge that Canada has it and will have the resources to help people in need both now and in the challenging times to come. We will survive the impending global and Canadian economic recession, she declared.
Its comments came at a time when the Canadian Statistics Authority reported today, Wednesday, that food prices continued to rise throughout the country in September, even with the decrease in the annual inflation rate to 6. 9 percent..
Deputy Prime Minister of Canada: A global economic recession is imminent.
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