The Canadian Press

2015-07-03 | Oliver Recession

Preview Clip

Federal finance Minister Joe Oliver is rejecting a forecast from a major American bank suggesting that Canada is already in a recession. He also weighed in on the Greek financial crisis during an appearance in Toronto this morning. Oliver says what's happening in Greece is another example of why it's critically important for the Canadian economy to preserve its fiscal strength. (Oliver says while the Canadian economy got off to a weak start, economists continue to predict solid growth for the last three quarters of the year.)

Date: 2015-07-03
Placeline: TORONTO.
Source: The Canadian Press
Length: 17 seconds

Transcript Prediction: << fortunately we have half the dash in relation to our economy to our GDP than then the G7 countries on average we have a AAA credit rating and as I said we're expecting a solid growth for the year >>