Flaherty's wish:keep Canada out of trouble in 2008

Newswire

By Louise Egan OTTAWA, Dec 27 (Reuters) - Cut taxes, pay off debt and then keep your head down until the bad times blow over. That's Canadian Finance Minister Jim Flaherty's tip on surviving an economic slump in the United States, Canada's top trade partner and the world's biggest economy. Flaherty chopped corporate, income and sales taxes in a C$60 billion swoop in October, as well as paying down C$10 billion in debt. In an interview with Reuters, he said that had been his ...

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