• Bank of Canada Governor Stephen Poloz: the recovery of the Canadian economy was on track

Market news

16 December 2015

Bank of Canada Governor Stephen Poloz: the recovery of the Canadian economy was on track

The Bank of Canada Governor Stephen Poloz said on Tuesday that the recovery of the Canadian economy was on track.

"Although Q3 was quite good, it was not necessarily the new trend line. We expected Q4 to be a little softer than Q3. So far, things have been more or less in line with the dynamic that we predicted," he said.

"We do think that the positives will be dominant in 2016," Poloz added.

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