• Bank of Canada's Poloz: protectionism does not promote growth, its "costs are steep"

Market news

28 March 2017

Bank of Canada's Poloz: protectionism does not promote growth, its "costs are steep"

  • Crucial that some of the benefits of openness are deployed to those who need help adjusting to global forces

  • Canada's history shows that openness and economic progress go hand in hand

  • Canada should continue pushing for open markets, both at home and abroad

  • Automation has meant workers in some industries have borne cost of change, we can expect that to continue

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