Tag Archives: Bank of Canada Governor

Finance Minister Wants Corporate Canada to Spend its $525 Billion in Cash

Canadian Finance Minister Jim Flaherty says the Canadian economy needs Corporate Canada to start spending the $525 billion in cash and other liquid assets that it has on hand. Since the financial crisis of 2008, Canadian corporations have been increasing their current assets in an effort to create a larger liquidity cushion to mitigate the risk from possible future economic […]

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