May 14, 2020 / 2:58 PM / 21 days ago

BRIEF-Bank of Canada Governor Stephen Poloz says coronavirus pandemic remains a massive economic and financial challenge and it will leave higher levels of debt in its wake

May 14 (Reuters) -

* BANK OF CANADA GOVERNOR STEPHEN POLOZ SAYS CORONAVIRUS PANDEMIC REMAINS A MASSIVE ECONOMIC AND FINANCIAL CHALLENGE AND IT WILL LEAVE HIGHER LEVELS OF DEBT IN ITS WAKE

* BOC’S POLOZ: “ I AM CONFIDENT THAT A STRONG FINANCIAL SYSTEM WILL HELP CANADA EMERGE FROM THIS EPISODE IN RELATIVELY GOOD SHAPE”

* BOC’S POLOZ: CONSIDERABLE UNCERTAINTY REMAINS ABOUT THE FUTURE COURSE OF THE PANDEMIC AND ITS ECONOMIC CONSEQUENCES

* BOC’S POLOZ: THE BANK WILL CONTINUE TO DO WHAT IS NECESSARY TO KEEP CORE FINANCIAL MARKETS WORKING (Reporting by Fergal Smith)

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