Canada's Flaherty worried about provincial debt, deficits

by on October 18, 2012 2:29 pm BST

Thu Oct 18, 2012 10:29am EDT

Oct 18 (Reuters) – Canadian Finance Minister Jim
Flaherty said on Thursday he was concerned by the debt and
deficit levels in some of the country's

10 provinces.

Flaherty also said both the provincial and federal
governments needed to be on the track of cutting deficit levels.

“I spoke to my provincial colleagues in the month of July
… to express my concern about the level of some provincial
deficits and debts,” he told reporters.