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David Dodge on the risks of delaying the budget and oil prices

Former Bank of Canada Governor David Dodge joins us to talk about the government's decision to delay the budget and what low oil prices could do to the Canadian economy over the long term.
CBC Radio ·
Former governor of the Bank of Canada David Dodge says Finance Minister Bill Morneau needs to focus on 'setting the stage' for the next four years ahead of this week's federal budget.
David Dodge is taking issue with the notion that balancing government budgets as quickly as possible is the key to a strong economy, or that it is a wise policy at the moment. (Tom Hanson/Canadian Press)
The House8:28Interview - David Dodge
The Bank of Canada warned this week that oil prices may go lower and stay low for an extended period of time. The warning was one among many and prompted the government to delay releasing its budget until April. Former Bank of Canada Governor David Dodge joins us to talk about the government's decision to delay the budget and what low oil prices could do to the Canadian economy over the long term.


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