“Canada’s Economic Action Plan is already making a difference,” said the Prime Minister. “We are expanding access to financing, helping to protect and create jobs, and making smart long-term investments so Canada will emerge from the global recession stronger than ever. We are doing all of this while maintaining the smallest deficit compared to GDP of any country in the G7.”
President Zoellick thanked Canada for its ongoing partnerships in several countries, including Afghanistan and Haiti. He also thanked Canada for its commitment in 2007 to increase its annual contributions to the International Development Association, which provides interest-free loans and grants to the poorest countries. He further acknowledged Canada’s contribution to the Global Trade Liquidity Program, which supports trade finance in developing countries. Minister of Finance Jim Flaherty and President Zoellick signed an agreement today authorizing Canada’s contribution to this program.
“Canada is already making a difference on the world stage. We helped lead the G20 effort to reform financial regulations. We are steadfast in our opposition to protectionism and in our defence of open and strengthened trade,” said the Prime Minister. “Canada’s allies and trading partners can depend on us to follow through on our commitments. Our government is focused on delivering real results.” (http://pm.gc.ca)
On, June 30, 2010, Benigno Simeon “Noynoy” Aquino III was sworn in as the 15th president of the Republic of the Philippines. Associate Justice Conchita Carpio-Morales and Jesuit Fr. Catalino Arevalo, a close friend of the Aquinos, who held the bible, swore in the only son of former Senator Benigno “Ninoy” Aquino and former president Corazon Cojuangco Aquino. To most Filipinos, this day was very memorable because it symbolizes the beginning of a new hope for the country, the hope of a clean and honest government.
