Bank of Canada Governor Poloz And Deputy Wilkins are appearing before the upper house in the Canadian parliament
- Describes the economy as "finally positive" rather than in "rosy" terms
- Much more encouraged by economy compared to previous testimony in November
- Rail capacity constraints are weather related
- Mention that falling oil investment is one reason for weaker growth in Q1 ... pipeline constraints are reducing oil-related investment
More:
- BoC is not hesitant to discuss fiscal policy in public, would be bizarre if I ignored it
- Says he rejects the idea he has endorsed government policy
- the dollar is just one input into BoC analysis
Earlier:
Nothin' wrong with rosy IMO
