Poloz: Bar is high to changing inflation target

Poloz on inflation target:

• The inflation target as we know it has served us extremely well, the bar is high to change it
• The BOC has simply opened research on target rate
• We have learned the zero bound may not be as hard as we thought in theory
• Believe it's premature to discuss mandate, won't be dealt with in a year from now
• Biggest uncertainty we face: is the oil shock over or do we still have further to fall
• Numbers have picked up this year
• US hard to read at the moment, not offering a new forecast today
• US labor market indicators remain very solid

He's taking media questions