Harper says stock swings shows Canada not isolated
TORONTO, Nov 6 (Reuters) - Volatility on the Toronto Stock Exchange shows Canada is not an island, even though its regulatory system is sound and it has been in a relatively strong position, Prime Minister Stephen Harper said on Thursday.
"A quick look at the recent roller-coaster on the TSX is proof that we are not immune to what is happening elsewhere," Harper told a news conference.
He called for concerted action both in Canada and with other nations. "At home and abroad we need this to be a co-ordinated, constructive response," he said. (Reporting by John McCrank, writing by Randall Palmer; editing by Rob Wilson)
© Thomson Reuters 2009 All rights reserved
Wall St meets "The Sopranos"
Details of an alleged insider trading ring read like the script of a mobster drama, full of coded nicknames, disposable cell phones and paranoia about informants. But in the end, all of the precautions were for naught. Full Article
