Investing.com - Financial Markets Worldwide
🚀 ProPicks AI Hits +34.9% Return!Read Now

UPDATE 1-Canada PM discusses market decline with Bank of Canada governor

Published 2015-08-24, 05:10 p/m
© Reuters. UPDATE 1-Canada PM discusses market decline with Bank of Canada governor

(Adds comment from Bank of Canada, background)
OTTAWA, Aug 24 (Reuters) - Canadian Prime Minister Stephen
Harper and Bank of Canada Governor Stephen Poloz on Monday
discussed market turmoil and the potential impact on Canada's
economy, a statement from Harper's office said.
"Prime Minister Harper and Governor Poloz discussed the
recent decline in global stock markets and commodity prices,
slowing growth in China and emerging markets," said the
statement, which gave no further details.
Harper's Conservatives are campaigning ahead of an Oct. 19
election where the economy is one of the main issues. Harper
says the two main opposition parties will recklessly ramp up
spending if given a chance.
The Bank of Canada confirmed the conversation and said Poloz
had such discussions with Harper on a regular basis.
Asked whether Monday's chat had been previously scheduled or
specially requested by the prime minister, Harper's office
declined to comment, while the central bank did not immediately
respond.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.