As Governing Council continues to monitor incoming data, we will pay particular attention to developments in the energy sector and the impact of trade conflicts on the prospects for Canadian growth and inflation. 2/3  BIS central bankers' speeches  Finally, I would like to say a few words about Deputy Governor Lynn Patterson, who will retire from the Bank of Canada next week.
Her contribution over the last six years to the Bank, and to Canada, has been exceptional, in matters as diverse as financial markets, payments, and monetary policy. She will be a hard act to follow. With that, Governor Poloz and I will now take your questions. 3/3  BIS central bankers' speeches