BoC poll finds several manufacturers’ margins were boosted by products sold abroad.
Three-year plan will explore lessons learned since the financial crisis and brace for turbulence that may lie ahead.
Carolyn Wilkins says “some degree of stimulus” will be needed to keep inflation on target.
Inflation above 2% erodes purchasing power, while when it’s below 2% it depresses consumer demand.
Rate increase won’t hurt the Canadian economy, however.
Economists believe the central bank won’t budge off 1% until the first quarter of 2015, perhaps even later.
Q3 will likely show more moderate growth of 2% to 2.5%: BoC’s senior deputy governor.
Poloz has studiously avoided giving even a hint of his stance on interest rates since taking over for Mark Carney.
CD Howe Institute report says low interest rates have introduced pervasive problems into the economy.
Business Outlook Survey suggests Canadian companies plan to ratchet down on investment plans, keep hiring modest.
Cautions Canadian’s indebtness and housing’s rising share of the economy are unsustainable.
Bank of Canada governor says placing all of Canada’s eggs in one, oily, basket, won’t be enough to better its sluggish export performance.