December 4, 2015 / 10:56 PM / 3 years ago

Canada's Morneau: figures reinforce need for economic investments

Canada's Finance Minister Bill Morneau listens to a question during a news conference upon the release of the economic and fiscal update in Ottawa, Canada November 20, 2015. REUTERS/Chris Wattie

OTTAWA (Reuters) - Disappointing Canadian economic figures reinforce the need for significant government investments to boost growth, Canada’s new finance minister said on Friday after the release of weak jobs and trade data.

“We heard today some statistics that reinforced our concerns around the growth of the economy,” Bill Morneau told reporters. “Our reaction is that we need to deal with the challenges that we’re faced with. It reinforces for me the need to make significant investments in the economy, as we presented to Canadians in our campaign.”

Reporting by David Ljunggren, writing by Leah Schnurr; Editing by Diane Craft

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