MCGILL UNIVERSITY

AP

Looming US Spending Cuts Will Hurt Canadian Growth: Economists

MONTREAL - Canada likely faces slower economic growth even if the United States manages to avoid default on its debt or a credit rating downgrade, economists said Wednesday.The U.S. government's need to cut spending by between US$2 trillion and US$4 trillion over a decade would delay its recovery and drag down Canada's rebound because the two economies are so closely linked.