Bank of Canada issues statement on markets

Posted: September 15, 2008, 9:57 AM by DrewHasselback

Economics

This just in from our friends at the Bank of Canada:

Bank of Canada issues statement on recent market developments

OTTAWA – The Bank of Canada is closely monitoring global market developments. The Bank welcomes the initiatives of the Federal Reserve System to provide support to U.S. financial markets.

The Bank will provide liquidity as required to support the stability of the Canadian financial system and the functioning of financial markets.




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