Canada's Dodge on global economic change

In a speech on 'Adjusting to Global Economic Change' given on 16 March, David Dodge of the Bank of Canada said Canada's government must continue to reduce debt. "Maintaining fiscal balance must remain a priority for Canada in the years ahead," Dodge said at the Canadian embassy in Buenos Aires.

For workers, for firms, and for governments, adjustment can be painful and difficult. But in today's world, not adjusting is not an option. This is true for every economy.

Fortunately, the external

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