Canada's Economic Action Plan 2013
Luncheon Presentation by The Honorable James M. Flaherty, Minister of Finance, Canada
Registration: 12:15 pm
Luncheon: 12:30 pm
Close: 2:00 pm
Canada came through the recent financial crisis better than any other major advanced economies, with a relatively short and shallow recession and a fairly strong recovery, and the country's economy continues to perform relatively better with modest growth. The success of Canada’s Economic Action Plan is being recognized around the world as a pro-growth, pro-trade and pro-investment plan for other countries to follow. The IMF and the OECD both predict that Canada will remain among those G-7 countries with the fastest growth in 2013. The World Economic Forum has rated Canada's financial sector as the most stable in the world, five years in a row, and also rated Canada’s banking system as the soundest globally and Standard & Poor’s has reaffirmed its AAA credit rating for Canada. The Honorable James M. Flaherty will speak on Canada’s Economic Action Plan 2013 in the context of the uncertain global economy and highlight Canada’s new initiatives that will drive jobs, growth and international trade.
James M. Flaherty serves as Canada's Minister of Finance, and as such, is an ex-officio member of all Cabinet Committees. He is a Governor of the World Bank and the International Monetary Fund. Mr. Flaherty was recently awarded Euromoney Magazine's Finance Minister of the Year award, crediting him with enhancing Canada's reputation for sound fiscal policy and overseeing a strong regulatory regime that has kept the financial sector out of chaos. He has also been described as a pillar in both the G-7 and the G-20. In 2010, Mr. Flaherty was chair of the G-7 Finance Ministers and chair of the annual Commonwealth Finance Ministers Meeting. He graduated from Princeton University and Osgoode Hall Law School. He was called to the Bar in Ontario and practiced law for more than 20 years before being elected to public office. Mr. Flaherty has also served as Deputy Premier, Attorney General and Minister of Labor.