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Canada has a “range of measures” to deal with potential global economic troubles but could eventually be affected by Standard & Poor’s downgrade of the U.S. credit rating, Finance Minister Jim Flaherty says.
“Canada is not an island,” Flaherty said late Friday in a statement. “We are a trading nation, with about a third of output generated by exports and deep linkages with the U.S. economy.
“The global economic recovery remains fragile and this uncertainty may eventually impact Canada.”
However, the finance minister
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