Canada says budget stimulus not to come next week

Wed Nov 19, 2008 3:47pm EST
 
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OTTAWA (Reuters) - Canadian Finance Minister Jim Flaherty said on Wednesday he would not put stimulus measures in the fall economic and fiscal update he will unveil next week.

He said he would look at more stimulus "as we go up to budget time." The budget is normally put out in February or March.

Flaherty also told reporters he would proceed with the creation of a national securities regulator with "willing partners." Quebec has so far resisted the creation of a single, national regulator, which is intended to enable to companies to file reports once rather than with several of the provinces.

(Reporting by Louise Egan and David Ljunggren, writing by Randall Palmer; editing by Rob Wilson)