Brexit not a problem for Canada, will hit global economy: Canada finance minister

FILE PHOTO:  Bill Morneau, Canada's Minister of Finance speaks to the media during the First Ministers' Meeting in Montreal,
FILE PHOTO: Bill Morneau, Canada’s Minister of Finance speaks to the media during the First Ministers’ Meeting in Montreal, Quebec, Canada, December 7, 2018. REUTERS/Christinne Muschi

January 16, 2019

SHERBROOKE, Quebec (Reuters) – The uncertainty over whether the United Kingdom will leave the European Union is not a direct problem for Canada but will hit the global economy, Canadian Finance Minister Bill Morneau said on Wednesday.

Morneau, speaking to reporters on the sidelines of a cabinet retreat, sidestepped questions about whether Canada would seek to negotiate a free trade treaty with Britain if it left the 28-nation EU.

(Reporting by David Ljunggren, Editing by Rosalba O’Brien)

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