Jim Flaherty dies soon after quitting as Canada's finance minister


Canadian Federal Finance Minister Jim Flaherty is seen picking up a new pair of pre-budget shoes at the Roots Leather Factory in Toronto in this file photo taken March 20, 2013. REUTERS/Aaron Harris/Files

OTTAWA (Reuters) - Former Finance Minister Jim Flaherty, who steered Canada through the global financial crisis and then nearly eliminated the huge budget deficits he had run up in the process, died on Thursday just weeks after resigning.

His family said he passed away peacefully in Ottawa, but did not give a cause of death. An unnamed source close to the family told CBC television that Flaherty had suffered a massive heart attack. He was 64.

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