BOC Wilkins: High debt levels could mean move to neutral could take longer

Bank of Canada Senior Deputy Governor Wilkins Q&A following earlier speech:

• BOC's Wilkins - does not comment on need for interest rate hikes

Q&A comments:

• There are underlying vulnerabilities that means there will be headwinds to growth, even if trade wars resolved
• Changes in interest rates will have stronger effect than they have in the past because people are more indebted now
• High debt could mean that the move to neutral could take longer

CAD not doing too much on these