Stephen S Poloz: Opening statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement by Mr Stephen S Poloz, Governor of the Bank of Canada, to the Standing Senate Committee on Banking, Trade and Commerce, Ottawa, Ontario, 13 April 2017. * * * Good morning, Mr. Chairman and committee members.
Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published yesterday. At the time of our last appearance in October, I spoke about the factors that caused us to downgrade our outlook for the Canadian economy.