Stimulus done when recovery "tangible": official

Mon Sep 21, 2009 2:42pm EDT
 
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OTTAWA (Reuters) - Canada will follow through with its fiscal stimulus plan, which foresees extraordinary spending through to the end of March 2011, even if there are signs of economic growth, a spokesman said on Monday.

"The job (of stimulus) will be finished when we actually start seeing tangible recovery, when we start seeing growth in the economy that is for more than one month, or one quarter ... and ultimately the creation of jobs," said Dimitri Soudas, spokesman for Prime Minister Stephen Harper.

Soudas made the comments to reporters in a technical briefing for the G20 summit in Pittsburgh this week.

(Reporting by David Ljunggren, writing by Louise Egan; editing by Rob Wilson)