Canada's economy looking up: Flaherty Add to ... CP Video Published Friday, Aug. 31 2012, 2:00 PM EDT Last updated Friday, Aug. 31 2012, 2:00 PM EDT Finance Minister Jim Flaherty is cautiously optimistic as the economy grew at an annual rate of 1.8 per cent in the second quarter. Flaherty says the government is prepared to take action to counteract global instability. Watch More Video: Philippines disappointed as Pacquiao loses to Mayweather Baltimore demonstrators march toward City Hall Tom Mulcair's high praise for the Alberta NDP An estimated 20,000 experienced sexual assault in U.S. military in 2014 How much of an impact does birth order have in shaping personality? Military sexual misconduct report 'disturbing': Canadian Forces Congressman Thanks God for Charges in Gray Death 'Justice needs to be served' in Baltimore: Obama Baltimore police officers to face homicide charges in Freddie Gray case Want to go to Mars? Try Utah More Canadians to be airlifted out of Nepal: Rob Nicholson Opposition parties call for action on military misconduct review France investigates allegation of child abuse by troops in Central African Republic Baltimore police: Nearly 100 officers hurt Rev. Al Sharpton and Baltimore mayor speak on Gray Death Uber raises awareness for for shelter dogs with Puppy Day Winnipeg housing market at risk of a correction? Ray Lewis says time to 'stop talking about old Baltimore' Baltimore mom made famous by viral video: Trying to teach my son right from wrong New synthetic drug 'flakka' triggers bizarre episodes Comments AA More Related to this Story Corporate ‘dead money’ rises to buoy GDP Economy Lab Economy Lab: Are Canada’s banks getting too big to fail?