Prime Minister Stephen Harper, remains in an interview of U.S. broadcast Sunday, said while he is concerned about the slowdown in economic growth, Canada a bright spot among industrial Nations.
Prime Minister Stephen Harper said to another global recession a lack of confidence around the world could come leading to address the problems. Wall Street Journal report"On Canada's we have role, is further and further in forecasts to the average or the Pack in the industrial world, be exceeded but we are naturally concerned about projections of the deceleration of growth," he told CNBC's the Wall Street Journal report.
If it a more global recession, he said therefore, can be prevented.
"I am still convinced that if we make the right decisions as heads of State and Government, we still can keep, to avoid the economic growth and a recession." At this point, we would be in a recession, would fall it strictly a collection of lack of confidence in the fight against some of the major problems of, frankly, before us, "said Harper."
The Prime Minister, also spoke of such as Canada and the United States are economically integrated in particular when it comes to oil.
"We are the only country in the world to the growing energy supplier, i.e. one secure and democratic country and its energy sector based on market principles instead of strategic goals," he said.
Harper contacted journalist Maria Bartiromo American on Friday after attending a Business Roundtable in New York early in the week. He met with recognise CEOs and executives from the New York Stock Exchange to promote investment in Canada, but also serious economic problems around the world.
His comments came on Sunday in Washington as the International Monetary Fund World Bank meetings.
Finance Minister Jim Flaherty - who represents Canada together with Bank of Canada Governor Mark Carney - CBC on Saturday said that Canada a new recession would weather, as it is the last a, with a strong banking sector and solid financial position.
Carney, calls in turn private banks in a speech Sunday in Washington, the global financial system, to keep reform despite the economic downturn.
Carney told the audience that such reforms is very important, even if it temporarily slows economic growth.
"The sad tale of the last years shows, that it sufficient scope to improve the efficiency and stability of the global financial system", he said. "Clarity and firm implementation, we can do this."
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