Canada calls U.S. deficit dangerous, long-term

Mon Jun 15, 2009 2:41pm EDT
 
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OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper called the U.S. deficit "dangerous" and said it would require eventual tax hikes.

Harper was responding in Parliament on Monday to a question from the opposition Liberals on why the minority Conservative government did not follow in the footsteps of the Obama administration and publish details of its stimulus spending.

Harper replied: "The Liberal Party cites the United States as their fiscal model ... In the United States the deficit is running at four times the size of our deficit. It is a dangerous, long-term structural deficit that existed even before the recession began, one that will require tax increases eventually."

"That's not a direction we want to go," he said.

(Reporting by Louise Egan; editing by Rob Wilson)