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QUALITY RELATIONSHIPS BREED SUCCESSIntegrity - This essential quality of our relationship will allow you to focus on what's most important: building and growing your business. |
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Takes Root |
The Honourable Jim Flaherty, Minister of Finance, today made the following statement on Canada’s performance in the World Economic Forum’s (WEF) annual Global Competitiveness Report:
“Since our Government came to office, we have been focused on what matters to Canadians—creating jobs and promoting economic growth.
“I am also pleased that for the fourth year in a row, Canada has been ranked as having the soundest banks in the world. Thanks to sound and prudent regulation, our financial sector has weathered the ongoing economic turmoil better than anywhere else in the world and serves as an example for others to follow. A sound financial system has helped support Canada’s economic recovery and also helped Canada avoid taxpayer bailouts or nationalization experienced in the United States and Europe.
“This is yet another example of Canada’s global economic leadership, which includes:
“Today’s report encouraged Canadian businesses to be more innovative, repeating a call I have made on numerous occasions. That’s why our Government has introduced measures to help spur innovation and business investment, from tax incentives to tariff relief. Indeed, recent Statistics Canada data showed a strong increase in business investment for machinery and equipment. While this is a step in the right direction, we must build on that going forward.”