Bill Morneau, finance minister of Canada, the IMF’s good student, says it’s not his job to tutor Germany, the problem child. “I don’t think it is our responsibility to convince other people what they should be doing in their specific situation,” Morneau told a few Canadian journalists in Washington on Oct. 6.
Then again, if Germany saw fit to join Canada at the head of the class, Morneau reckons the world would be better off. “We want to make sure that middle class Canadians see benefits from our investments,” he said. “If other countries look at their situation and conclude they have the same opportunity and make investments that make a difference, then that will be a positive outcome for the world and then a positive outcome for Canada, because we think it will enhance global growth, which is positive for Canadians.”
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