Canada has a lot more room to grow - BoC's Poloz

Stephen Poloz, Governor of the Bank of Canada, is responding to questions following his speech at Durham College on ‘Canada’s economic history’.

Key quotes (via Reuters)

• Asked about implications of Fed hike on Canada, says what matters is not difference in two nations' growth rates, but that Canada has a lot more room to grow
• We can grow faster than the United States for a while
• In era where will probably be some changes to trade architecture, we welcome "dusting off" of NAFTA
• If we were to raise rates back to normal levels today, economy would be in recession