Harper sees full recovery by 2010-2011 fiscal year

Fri Jul 10, 2009 9:39am EDT
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L'AQUILA, Italy (Reuters) - Canadian Prime Minister Stephen Harper said on Friday he expected Canada's economy to recover fully by the 2010-2011 fiscal year.

He also said he would let the deficit run if needed and would not hike taxes or cut spending to bring it under control.

(Reporting by Randall Palmer; editing by Crispian Balmer)

<p>Canada's Prime Minister Stephen Harper (C) stands with Germany's Chancellor Angela Merkel and British Prime Minister Gordon Brown during a family photo at the G8 summit in L'Aquila, Italy July 10, 2009. REUTERS/Chris Wattie</p>