TORONTO 香蕉视频直播� Finance Minister Bill Morneau is suggesting the upcoming federal budget will have the room to deal with whatever economic shifts could ensue as the Donald Trump administration takes over in the U.S.

Morneau, who met Friday with a dozen private sector economists in Toronto, provided no details when asked about how Trump香蕉视频直播檚 election win has impacted the budget preparation process.

But he said he will exercise prudence as he plans upcoming investments 香蕉视频直播渢o ensure that we have the capacity to deal with the environment that we find ourselves in.香蕉视频直播�

There has been some concern that the new U.S. administration could spell trouble for the Canadian economy, particularly if border tariffs are implemented.

Craig Alexander, chief economist at the Conference Board of Canada, has said that Trump香蕉视频直播檚 promise to boost infrastructure spending and cut corporate and personal taxes would fuel U.S. economic growth, which would benefit Canada.

However, any moves to introduce protectionist measures and force business investment to return to the U.S. could harm Canada, Alexander said.

It remains to be seen whether or not such measures will be implemented.

But there were indications Friday from a spokesman for Trump that Canada香蕉视频直播檚 automotive sector may not be spared from a border tax. Sean Spicer was asked whether an auto border tax could affect Canada.

香蕉视频直播淲hen a company that香蕉视频直播檚 in the U.S. moves to a place, whether it香蕉视频直播檚 Canada or Mexico, or any other country seeking to put U.S. workers at a disadvantage,香蕉视频直播� Spicer said, then Trump 香蕉视频直播渋s going to do everything he can to deter that,香蕉视频直播� according to Bloomberg News.

A report Thursday by National Bank Financial Markets cautioned that exports of Canadian goods to the U.S. could fall by roughly nine per cent if Trump implements a 10 per cent border adjustment tax on imports.

Speaking to reporters following his meeting, Morneau said Ottawa plans to tout the importance of Canada-U.S. trade in discussions with the new administration.

香蕉视频直播淐anada is the number one export destination for 35 of the United States,香蕉视频直播� Morneau said.

香蕉视频直播淭hat香蕉视频直播檚 providing critical impetus for U.S. jobs, and of course it香蕉视频直播檚 positive in Canada as well. So that will be the frame for our discussions.香蕉视频直播�

Some of Prime Minister Justin Trudeau香蕉视频直播檚 senior aides met recently with members of Trump香蕉视频直播檚 inner circle.

香蕉视频直播淲e have had early dialogue with the incoming administration, and that香蕉视频直播檚 positive because we want to have a strong relationship with the new administration,香蕉视频直播� Morneau said.

香蕉视频直播淲e will continue to present Canada香蕉视频直播檚 interests, as we always have, in a way that will advance our cause, but we are not yet at a stage where we can talk formally with the new administration.香蕉视频直播�