Government stimulus will show up in economic data this year - BoC's Poloz
|Stephen Poloz, Governor of the Bank of Canada, is responding to questions following his speech at Durham College on ‘Canada’s economic history’.
Key quotes (via Reuters)
- Asked if April rate cut remains on the table, says bank in midst of next projection exercise, doesn't want to prejudge process
- Risks identified in last MPR are still on the table
- Confident government stimulus will show up in economic data this year
- Fundamentals pushing Toronto housing market higher
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