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View Full Version : Canada Posts First Current Account Deficit in Decade on Exports - Bloomberg



NewsWhore
02-27-2009, 10:34 AM
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Canada Posts First Current Account Deficit in Decade on Exports (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Da7l2Vl.0QNHs%26refer%3Dcanada&cid=1308760943&ei=f_qnSamtGoyxmAeUscH1Aw&usg=AFQjCNEUXp0mXSRuVxA0x-qvQ3hTs_4N-w)
Bloomberg
A weakening currency will help the country&#39;s trade balance in the future, Finance Minister Jim Flaherty said in a Feb. 14 interview. The Canadian dollar has lost 21 percent of its value against the US dollar over the past 12 months. ...


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