U.S. 'Fiscal Cliff' Threatens To Take Canada Down With It
HuffingtonPost.com
|
Rachel Mendleson
|
Posted 09.06.2012
|
Canada Business
BURLINGTON, Ont. - Finance Minister Jim Flaherty said Tuesday that he is "very concerned" about the debt crisis in the United States, warning that Canada would feel an impact if Washington defaulted on its loans.
But Flaherty also said he believed that U.S. legislators would reach an agreement allowing Washington to raise its debt ceiling before the Aug. 2 deadline.