SEOUL, Nov 11 (Reuters) - Everything is on still the table as to whether or not the G20 should set targets for current account balances, a senior Canadian official said on the sidelines of a G20 summit on Thursday.
Asked if a U.S. proposal to set a target of 4 percent of gross domestic product for current account surpluses and deficits was still on the table, the official told reporters: "I think everything is on the table at this point. I don't think we've taken anything off."
U.S. Treasury Secretary Timothy Geithner, who initially floated the idea, said last Saturday he would not press the Seoul G20 summit to adopt the 4 percent target.
The Canadian official also said Ottawa was fundamentally concerned by the state of the global economy. (Reporting by David Ljunggren; Editing by Alex Richardson)