Canada finance minister encouraged by jobs, housing data

Tue Oct 27, 2009 3:58pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO (Reuters) - Recent Canadian employment and housing reports have been encouraging, but the country should not be lulled into the belief that risks to economic recovery are past, Finance Minister Jim Flaherty said on Tuesday.

"While we have recently seen tentative and early signs of economic recovery, both domestically and abroad, such signs are simply those, tentative and early," he told a parliamentary committee.

"Recent positive economic data from the housing and job markets are undeniably encouraging. It should not lull Canadians."

(Reporting by David Ljunggren and Randall Palmer; Writing by Jeffrey Hodgson; editing by Peter Galloway)