The Honourable Peter Gordon MacKay, Minister of National Defence and Minister for the Atlantic Gateway, today released the following statement at the conclusion of the Regional Command South meetings in Cornwallis, Nova Scotia:
The Honourable Peter Gordon MacKay, Minister of National Defence and Minister of the Atlantic Canada Opportunities Agency, issued the following statement today on the death of a Canadian soldier:
| Employment and Social Development Canada
| statements
Good morning and thank you for joining us. Before I discuss today's Monetary Policy Report, which reflects the Bank of Canada's latest thinking on the economy, I would like to say a few words about the global financial crisis. We realize that this has created a great deal of uncertainty and stress. We understand the severity of the situation, and we are taking action to address it. These problems originated outside of our borders, and the primary solutions to correct them must take place there as well. That is why we are working so closely with our international colleagues and why the G7 Plan of Action is so important. Many international banks need substantial additional capital, and efforts to provide this capital are now under way in earnest.