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MNI: Canada Resilient To US Debt Ceiling Clash- Freeland


Canadian Finance Minister Chrystia Freeland said Tuesday the country is resilient to any clash over the U.S. debt ceiling that has led to speculation about a potential American default.

“There have been a lot of challenges in the global economy from all kinds of directions since we formed government,” she said in response to a question from MNI after a parliamentary hearing. “We’re used to dealing with big challenges and I want to assure Canadians we’re prepared to deal with whatever comes.”

“Canada’s fiscal position is very strong and stable” and “our banking system is stable and well capitalized,” she said.

MNI Ottawa Bureau | +1 613-314-9647 |
MNI Ottawa Bureau | +1 613-314-9647 |

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