Friday 11 April 2014

Jim Flaherty dies soon after quitting as Canada's finance minister

Finance Minister Jim Flaherty speaks at a post-budget breakfast in Ottawa By Randall Palmer OTTAWA (Reuters) - Former Finance Minister Jim Flaherty, who steered Canada through the global financial crisis and then nearly eliminated the huge budget deficits he had run up in the process, died on Thursday just weeks after resigning. An unnamed source close to the family told CBC television that Flaherty had suffered a massive heart attack. Canada's federal and provincial legislatures, where Flaherty had served, suspended their sessions. "Today is a very sad day for me, for our government and for all of our country," Prime Minister Stephen Harper, his voice quaking, said of the friend who had stood at his side since the Conservatives took power in 2006.




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