{"id":54677,"date":"2015-07-08T02:15:50","date_gmt":"2015-07-07T18:15:50","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=54677"},"modified":"2015-07-08T02:46:05","modified_gmt":"2015-07-07T18:46:05","slug":"finance-minister-joe-oliver-says-too-early-to-say-whether-were-in-recession","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/07\/08\/finance-minister-joe-oliver-says-too-early-to-say-whether-were-in-recession\/","title":{"rendered":"Finance Minister Joe Oliver says too early to say whether we&#8217;re in recession"},"content":{"rendered":"<figure id=\"attachment_21637\" aria-describedby=\"caption-attachment-21637\" style=\"width: 960px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/Joe-Oliver.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-21637\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/Joe-Oliver.jpg\" alt=\"Canada's Minister of Finance Joe Oliver (Facebook)\" width=\"960\" height=\"640\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/Joe-Oliver.jpg 960w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/Joe-Oliver-300x200.jpg 300w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><figcaption id=\"caption-attachment-21637\" class=\"wp-caption-text\">Canada&#8217;s Minister of Finance Joe Oliver (Facebook)<\/figcaption><\/figure>\n<p>VANCOUVER &#8212; Finance Minister Joe Oliver says it&#8217;s too early to tell if Canada&#8217;s economy has slumped into a recession.<\/p>\n<p>Oliver says the country is well positioned to weather an economic battering but it is in a fragile environment with external factors like the price of oil and economic troubles in Europe.<\/p>\n<p>He says the fact that American growth was down in the first quarter also undermines confidence for Canadian companies based on export potential.<\/p>\n<p>The TD Bank said on Monday that Canada was likely in a recession in the first half of the year and it predicted that the Bank of Canada would cut its key interest rates next week.<\/p>\n<p>In a speech to a crowd earlier at the Australia-Canada Economic Leadership Forum in Vancouver, Oliver said Canada must stay the economic course so as not to follow Greece.<\/p>\n<p>He said he has faith that Europe will be able to sort itself out over the debt crisis in Greece.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER &#8212; Finance Minister Joe Oliver says it&#8217;s too early to tell if Canada&#8217;s economy has slumped into a recession. &hellip;<\/p>\n","protected":false},"author":44,"featured_media":21637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19,18],"tags":[],"class_list":["post-54677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","category-news-ca","mauthors-the-canadian-press1"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/54677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=54677"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/54677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/21637"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=54677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=54677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=54677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}