Collection search - [Martin, Paul Edgar Philippe - Interview]
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Record information – Brief [Martin, Paul Edgar Philippe - Interview]
Hierarchical level:Item (Accession level)Date:1996-10-30Item number (ISN):463032Link to related resource:Type of material:Sound recordingsFound in:Archives / Film, Video and Sound -
Record information – Details Fonds/collection:PAUL EDGAR PHILIPPE MARTINAccession:2012-0124Media:SoundPart:1 of 1Production date:1996-10-30Description:Interview given by Minister of Finance Paul Edgar Philippe Martin to Toronto Star journalist Shawn McCarthy, concerning the fiscal revolution in Canada, the history of the major decline of economy in the Western world since the 1973 crisis, the impact of the changes in demographics, the economic improbability of stagflation, the need for central banks to coordinate monetary efforts, a new understanding that long term sustained growth is better than short term growth, a chnage in the inflation debate and a clear recognition of importance of productivity, another change in the economy being the effort by North America to become dominant again, the North American Free Trade, a reverse in the decline due to the will to balance the budget, unemployment still a priority, and a drop in interest rates help Canadians because of lower mortgages. <40mn>Language:EnglishNotes: -
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