Brexit not a problem for Canada, will hit global economy – Canada finance minister

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FILE PHOTO: Canada’s Finance Minister Bill Morneau speaks during a news conference following a meeting with provincial and territorial finance ministers in Ottawa, Ontario, Canada, December 10, 2018. REUTERS/Chris Wattie/File Photo

SHERBROOKE, Quebec (Reuters) – The uncertainty over whether the United Kingdom will leave the European Union is not a direct problem for Canada but will hit the global economy, Canadian Finance Minister Bill Morneau said on Wednesday.

Morneau, speaking to reporters on the sidelines of a cabinet retreat, sidestepped questions about whether Canada would seek to negotiate a free trade treaty with Britain if it left the 28-nation EU.

Reporting by David Ljunggren, Editing by Rosalba O’Brien

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