Poloz seeks to reassure Canada's exporters
The new governor of the Bank of Canada, Stephen Poloz, yesterday reiterated the bank's commitment to price stability, telling a business audience that the inflation target is "sacrosanct", and that undershooting the target is taken as seriously as overshooting it.
In a speech in Burlington, Ontario, entitled Reconstruction: Rebuilding Business Confidence in Canada, Poloz said "the structural damage caused by the crisis" continues to be felt in Canada's export sector, with the recovery "primarily
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