October 8, 2008

http://www.progressive-economics.ca/2008/10/07/open-letter/

Ottawa: Today, 85 economists released an Open Letter criticizing the federal government for its inaction in light of the deepening global financial crisis, the growing probability of a worldwide recession, and structural weaknesses in the Canadian economy. The letter challenges government claims that Canada¹s ³fundamentals² are strong, and highlights the significant deterioration in Canada¹s economic performance over the last two years. Despite recent government statements, there remains a wide disconnect between the appropriate policy response to the looming downturn, and the ³stay-the-course² approach still being enunciated by the Prime Minister.
 

 

http://www.progressive-economics.ca/2008/10/07/open-letter/

For further information or comment, please contact:

 

 

 

www.canadianactionparty.ca Telephone Connie Fogal at: 604 872 2128