» canada's response to the crisis
 
 
 

 

As chief trading partner of the US, Canada has been hit severely by the global recession. Overall it has reacted better than the US to the economic crisis, no doubt thanks to its more stable banking system and tight budgets that have kept it in the black for ten years time. Stephen Harper's government has nevertheless launched a wide-reaching economic stimulus programme, or action plan, totalling 50 billion Canadian dollars, or 3,2 per cent of real GDP. The measures included in the recovery plan involve investment to stimulate consumption across the country,  build and upgrade infrastructure, build houses and help companies.

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Página actualizada 2010-02-08 por

 
Arnaud Champalbert
sinfrontera@gmail.com