Current Bank of Canada head Stephen Poloz speculated that Canada’s difficulties returning to pre-recession export levels is there are about 9,000 fewer Canadian exporting companies than in 2008
The former Bank of Canada governor said evidence that inflation is likely to remain subdued because of weak global growth and lower commodity prices also reinforced the need to maintain the current loose policy
The minister told reporters that his intent all along has been to make a choice at about the end of April
The bank predicts the economy won’t get back up to full speed until mid-2015
Outgoing governor Carney’s leadership in handling the recession won him respect across the world financial community.
Bank of Canada governor says firms keeping big stockpiles of cash amount to “dead money” in the economy