The Bank of Canada Gov. Poloz responded to questions from the press conference

The Bank of Canada Gov. Poloz responded to questions from the press conference

Poloz says;

Asked if rates could be raised again later this year, says will not make forecasts

This is good news for Canada, it's a symptom of an improving economy

Federal govt infrastructure program is important part of closing of output

Still some adjustment happening since oil price shock

Oil impact is enough in the rear view mirror now, contraction in sector appears to be complete

Were very disappointed in Q1 export data but recent data more encouraging

12 Jul 17 (Wed)

04:17 pm



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