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November 30, 2008 Sunday Zilhaj 1, 1429



Canada’s Conservative govt on verge of collapse


OTTAWA, Nov 29: Canada’s minority government teetered on the edge of collapse on Friday, less than two months after its re-election, as opposition parties talked of forming a coalition to replace the ruling Conservatives.

Both the Conservatives and the three opposition parties were engaged in high-stakes brinkmanship over the fiscal update that Finance Minister Jim Flaherty presented on Thursday.

The opposition said the update did not contain needed stimulus for an economy increasingly squeezed by the global downturn, but they were most angered by a planned end to direct public financing of political parties.—Reuters







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