BOC’s Poloz Q&A: We don’t know how the economy would look like without NAFTA

Tastylia online BOC’s Poloz Q&A: We don’t know how the economy would look like without NAFTA

Bank of Canada Governor Poloz in Kingston

  • We don’t know how the world would look like without NAFTA
  • Companies have told us they’re postponing investment decisions, or choosing US if they have the option
  • Investment has gone up by “quite a lot” in last 4 quarters but it would be higher without NAFTA uncertainty
  • Low inflation doesn’t mean the Phillips curve is dead, it just means a tweak
  • Expect Canada to have the same extended expansion like the US

Watch the Q&A live here

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