Dec 14 (Reuters) - The European debt crisis is important for Canada even though it has little direct exposure to sovereign debt in the euro zone, the country's central bank chief said in a television interview broadcast on Tuesday.
Bank of Canada Governor Mark Carney said Canada could take a hit through its financial sector or by a slowdown in economic growth if the debt problems in Europe were to worsen and spread to more countries.
"Direct exposure of the Canadian economy and the financial sector to Europe is relatively modest, which is a bit remarkable given that this is the largest economy in the world, the euro zone as a whole ...," Carney told Business News Network
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