downside risks: He was asked about an encouraging data run in recent months for growth, trade and the labour market -- and whether they had altered the central bank's thinking ahead of its April 12 policy decision, according to CTV. It would be odd to forget about all those downside risks just because a couple of data points came in a little bit better than expected, Poloz told reporters at Durham College in his hometown east of Toronto. The remarks by Governor Stephen Poloz on Tuesday followed a speech in Oshawa, Ont., where he made the case for a policy mix frequently promoted by the federal government -- an openness to more foreign investment, immigration and free trade. We've had positive data points in the last three years, too -- and they didn't last. In January, Poloz said the door was open to a possible interest-rate cut because of the unknowns surrounding the U.S. trade agenda and the still-sluggish Canadian economy. So, we're being very cautious in that outlook.
(www.immigrantscanada.com). As
reported in the news.
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30.3.17