Tuesday, October 03, 2006

Foreseeable dangers

CanWest reports that simultaneous drops in automotive sales and housing markets will likely combine to wreak havoc on Canada's economy. Which means that contrary to his hopes, Jim Flaherty looks likely to get pegged as "Canada's slowdown-inducing finance minister" - especially if he does stick with his current direction toward random tax cuts rather than looking at ways to counter the looming economic storm.

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