The Fiscal Cliff and Canada

The Current

Will this New Year's eve bash cause the world economy to tank? Despite last-ditch talks and a hint of optimism from some quarters over the weekend, the political stalemate between the Democratic White House and Republican dominated House of Representatives continued in Washington this morning. And if nothing changes, the United States will go over the so-called fiscal cliff. What this means for the American and world economy is unknown. How hard will Canada fall if the United States goes over the fiscal cliff?

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