Statement made on 11 February 2009 by Senator Jerahmiel Grafstein (retired)
Hon. Jerahmiel S. Grafstein:
Honourable senators, the United States Congress, the House of Representatives and the Senate, is in conference today to settle the stimulus package. Yesterday, the Governor of the Bank of Canada, Mark Carney, gave evidence in the other place that his rosy projections are conditioned with one major caveat: The implementation of the stimulus package in the United States. Essentially, we are dependent on the stimulus package in the United States.
Has the Government of Canada analyzed the U.S. stimulus package to determine which part will be helpful to us, which part will be hurtful to us and what we will do to the parts of the stimulus package that will affect Canada even further?
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