Canada’s Poloz on monetary policy limits, transparency and cyber recovery

Speaks about stagflation risks from trade wars, the value of market signals and Canada’s CBDC plans

L to R: Stephen Poloz with Central Banking’s Christopher Jeffery
L to R: Stephen Poloz with Central Banking’s Christopher Jeffery
Photo: Matthew Liteplo Photography

The Canadian elections in October have resulted in a minority government. What impact could this have for Bank of Canada?

A minority government does not really make a big difference to us. Of course, it can make a difference for Canada, so it may have implications down the road, but I really couldn’t say what they may be. Fiscal policy will be what it is, and we will take it into account. We will just have to wait and see what they deliver, and whether the minority situation plays a role in

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