Panicking in crisis would devastate economy: Flaherty

[daleo]

SAINT JOHN, N.B. — Finance Minister Jim Flaherty says panicking in the face of the global economic crisis would be “devastating” for Canada.

In a speech Friday to the Saint John Board of Trade, Mr. Flaherty said the depth of the recession can be seen in the United States.

“This is nothing of course to be happy about, this is a very unfortunate tragedy in the American economy,” he said.
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Mr. Flaherty, who's visiting New Brunswick for the launch of his pre-budget consultations, says acting too quickly and making the wrong choices would not help Canadian families or businesses.
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http://business.theglobeandmail.com/servlet/story/RTGAM.20081212.wflaherty1212/BNStory/Business/home
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In other words, they plan to keep on proroguing Parliament.