Canada not done with financial steps, Harper says

Thu Nov 6, 2008 12:58pm EST
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TORONTO (Reuters) - The Canadian government has not finished taking steps to shore up the financial system and economy, Prime Minister Stephen Harper said on Thursday.

"The purpose of the intervention that our government is making into the marketplace and that institutions of the government like the Bank of Canada have been making are for the purpose not of supporting the banks but for the purpose of supporting the Canadian economy, the Canadian financial system and the availability of credit," he told a news conference.

"There has been some improvement in credit conditions but there are still some significant concerns and we are not by any means finished in terms of further steps that will have to be taken," Harper said.

(Reporting by John McCrank, writing by Randall Palmer; editing by Rob Wilson)