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2010.11.0513:03:00UTC+00Canada Pm Spokesman says Hopes to Discuss Currency Issues at G20 Summit

News:

  • A Canadian government official said on Friday, Canada wishes the G20 nations set targets for current account imbalances, amidst the central plan of action at next weeks summit.
  • Ottawa also wishes to see more progress on the currency issues, specifically that of China, which should be let to appreciate freely, in his opinion.
  • When asked about the rejection of the Potash bid by BHP, the Canada PM spokesman said, governments stand towards fighting protectionism is clear.
Quotes:
  • "We fully support the adoption of a current account target," a government official told reporters in a briefing.
  • "Some have talked about current account targets. Others would like more practical things to occur, but I think we're going into this with a position that yes, we do need to move the yardsticks somewhat," the official added.

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