"Jim Flaherty, former finance minister, dead at 64" [View all]
Last edited Fri Apr 11, 2014, 08:43 PM - Edit history (2)
Jim Flaherty, former finance minister, dead at 64
http://www.cbc.ca/news/politics/jim-flaherty-former-finance-minister-dead-at-64-1.2605728
He was finance minister in a Conservative Government that followed Keynsian policies during the recession. We must thank him for not drinking the koolaid where our economy was concerned. Apparently he was a nice guy too. I was in a Mexican restaurant when the staff announced it. Someone there said he was the best finance minister ever. Which I obviously don't agree with. I think Paul Martin was....Martin reduced the Canadian deficit during good times and refused to deregulate bankers. That saved our country from a subprime mortgage. But I am reminded to day that we are very lucky in Canada when our politicians temper their policies. Martin could have not payed down the deficit. Flaherty could have not done infrastructure projects during a recession. We are very, very lucky to have the stewardship we have had. And that means staying away from fundamentalism.