Financial Post | Business

MEECH LAKE, Que. — Canada’s finance ministers continued talks Monday on the future of the country’s pension program and the impact of the struggling global economy on the health of provinces and territories.

Financial leaders from across the country filed into this lakeside resort near Ottawa for the second day of their annual talks, with some expressing guarded optimism that initial progress could be made on strengthening the Canada Pension Program.

But not talking was the host, federal Finance Minister Jim Flaherty, who arrived early Monday, before reporters could question him about issues facing provinces and territories, as well as the country as a whole.

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Reporters were also anxious for Mr. Flaherty’s reaction to reports that the Liberal Party had been courting Bank of Canada governor Mark Carney — who is also at the Meech Lake meeting — as a leadership candidate for longer and more persistently than…

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