BOC governor Poloz speaking in Davos to CNBC 25 Jan
- certain that Canada is more sensitive to higher rates now than in the past
- BOC is totally data dependent
- can't do any pre-analysis of any NAFTA fail
- if inflation target is at risk we'd be cutting rates into that but there could be other trade policy changes to adjust to end of NAFTA
- for sure interest rates are a tool if NAFTA demise has a negative impact on the economy but not something we can gauge in advance
- companies can adapt changing exchange rate
Poloz declined to comment on current CAD levels
USDCAD unfazed by any of it at 1.2320 still
