The headlines were much earlier on comments from Bank of Canada Governor Poloz
BoC's Poloz says he does not want to slow down business expansion
Bloomberg have a recap now, worth checking out:
- Canada's economy needs to run a little hot to test out its full potential
- Companies are in an expansion phase and policy makers don't want higher borrowing costs to crimp business expansion or hiring plans
- "So a little bit of heat therefore if you like, some upside risk on inflation, is part of that deal."
From what I hear from Adam Canada as a whole could use a bit of heat, not just the economy
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