Chopping a little lower, not too much in it but the USD is a touch higher elsewhere since Poloz began
Earlier:
- CAD - More coming from BoC's Poloz, says he is more encouraged by the economy
- BoC's Poloz speaking - message on script (same as Monday)
More;
- Lower oil prices will limit growth in the energy sector
- Firms are saying things like Canada is uncompetitive, the ability to get things approved is difficult, uncertainty around NAFTA is an issue
- capacity constraints are limiting export growth
- Federal debt levels are modest by international standards