The Canadian PressJune 19, 2013 13:04
BURLINGTON, Ont. - Newly installed Bank of Canada governor Stephen Poloz on Wednesday tried to rally business toward the kind of spending he says is needed to bolster the economy, while giving no signal about any change in interest rate policy.
In his first major speech since taking over from former governor Mark Carney earlier this month, Poloz preached the virtues of "stability and patience," saying the central bank's long-standing target of low, stable inflation remains "sacrosanct."
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