Bank of Canada Governor Poloz spoke earlier - recap

Central Banks
Eamonn Sheridan
30/04/2020 | 22:06 GMT

BoC Gov Poloz spoke to business students via videoconference

Headline points are here:

  • BoC Poloz says the Bank has not forgotten about financial vulnerabilities

Reuters and MNI both have recaps posted:

  • Reuters: Poloz has said repeatedly that one of the bank's key areas of focus has been to create liquidity to ensure financial markets keep functioning well.
  • MNI: The situation is much more like a natural disaster than a typical economic recession -- with policies designed to essentially stop the clock and later restart it. Economic recoveries from natural disasters are usually quite rapid and robust.

Poloz retires from his position in June:

BoC Gov Poloz spoke to business students via videoconference
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