Dodge on Canada and free trade

In his opening statement to the House of Commons Standing Committee given on 1 May David Dodge of the Bank of Canada made similar comments to those of Ben Bernanke the same day (see our other item on this subject today), saying if the United States resorts to protectionist measures against major Asian nations, the results would be devastating for Canada.

"That would be an absolute disaster for us in Canada, because we'd be caught in the tail winds of U.S protectionism that at least ostensibly was

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