Canada sticking to 2 percent growth forecast for 2015: Oliver

Wed May 27, 2015 12:56pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

DRESDEN, Germany (Reuters) - The Canadian government is sticking to its forecast of 2 percent economic growth this year despite a "quite weak" first quarter, Finance Minister Joe Oliver said in an interview with Reuters on the sidelines of a meeting of finance chiefs in Germany.

Oliver, pressed as to whether the ruling Conservatives would promise more tax cuts in the run-up to an Oct. 19 election, said that as budget surpluses grew, the government would have more flexibility to keep taxes low.

(Reporting by David Ljunggren; editing by William Schomberg)

 
Canada's Finance Minister Joe Oliver speaks during Question Period in the House of Commons on Parliament Hill in Ottawa May 26, 2015. REUTERS/Chris Wattie