February 13, 2008 / 1:11 AM / 10 years ago

Canada's economic fundamentals strong: Flaherty

OTTAWA (Reuters) - A slowdown in the global economy is cause for concern but Canada's fundamentals remain strong, Finance Minister Jim Flaherty said on Monday.

Flaherty also said he promises to avoid a deficit when he presents the federal budget on February 26 and that there is room for some fiscal initiatives.

Reporting by Randall Palmer; Writing by Frank Pingue; Editing by Rob Wilson

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