March 18, 2020 / 1:49 PM / 4 months ago

Bank of Canada governor, finance minister to announce coronavirus support

Bank of Canada Governor Stephen Poloz gives a speech during a luncheon for Women in Capital Markets (WCM) in Toronto, Ontario, Canada March 5, 2020. REUTERS/Chris Helgren

OTTAWA (Reuters) - Bank of Canada Governor Stephen Poloz and Canadian Finance Minister Bill Morneau on Wednesday will announce support for those affected by the coronavirus outbreak, the finance ministry said.

The two men will hold a news conference at 1115 a.m. Eastern (1515 GMT). When they appeared together last Friday, Poloz announced an emergency interest rate cut.

Reporting by David Ljunggren; Editing by Chizu Nomiyama

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