Carolyn Wilkins speaks at press conference

BOC Wilkins is now speaking.

She says:

  • Appreciation of C$ does have significant pass-through effect on inflation. However, it is a transitory effect that we would look through

More Poloz

  • When you're in a situation which is different from normal, you expect deviations from your models
  • we must be open, we could be surprised in either direction relative to our forecast
  • will interpret data more intensively than usual
  • Companies are investing less than they would without the uncertainty over NAFTA