Flaherty expected to deliver cautiously optimistic update on economy
Canada’s provincial finance ministers are meeting with their federal counterpart, Jim Flaherty, at a Meech Lake retreat today to discuss the economy. Ontario, B.C. and Alberta have said they will use the meeting to push for a national summit on pensions, while Ontario’s Dwight Duncan will also request that Ottawa change the eligibility rules for employment insurance. Before the meeting, at which Flaherty is expected to deliver an update on the economic crisis, the federal finance minister said, “There are some good signals in the economy, but I think we have to be cautious.”