August 25, 2015 / 2:25 PM / 2 years ago

PM says he, BoC head agree elevated market volatility bad

Canada's Prime Minister Stephen Harper speaks during a campaign stop at the WaterStone Estate and Farms in King Township, Ontario, August 20, 2015. REUTERS/Mark Blinch

OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper on Tuesday said he and Bank of Canada Governor Stephen Poloz had agreed that elevated market volatility “in and of itself is never good”.

Harper, pressed by reporters about a conversation he and Poloz had about the economy on Monday, also noted there had been no signs of instability in the global banking system.

Reporting by David Ljunggren; Editing by Chizu Nomiyama

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