Prime Minister Stephen Harper: Interest Rates

Global News National Anchor Dawna Friesen Dept: Here in Canada, people need to get better control of their personal debt loads and prepare for the possibility that higher interest rates could side-swipe their lives, Harper warns, according to Vancouver Sun. Harper made the comments in a year-end interview with Global News national anchor Dawna Friesen. The interview is to be aired on Sunday, but a transcript of the discussion was released Friday and prime Minister Stephen Harper says the fiscal debt in the United States has put that country on a "runaway train" that could lead to further economic damage unless American lawmakers finally get control of massive deficits. Just as important, he says, is that Canadians find ways to start saving for retirement. (www.immigrantscanada.com). As reported in the news.