Canada’s Vulnerability to Potential Eurozone Turmoil
Clearly, US shocks dominate, but eurozone shocks cannot be ignored
By C.D. Howe Institute —— Bio and Archives--March 5, 2014
Canadian News, Opinion | Comments | Back To Full Article
Toronto – The continuing possibility that things could take a turn for the worse in the eurozone ought to be a concern for Canadian policymakers, according to a report released today by the C.D. Howe Institute. In “The Ill Wind that Blows from Europe: Implications for Canada’s Economy,” author Pierre Siklos explores the linkages between the Canadian and eurozone economies and the extent to which contagion from European financial shocks would negatively affect Canada’s economy.
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