Poloz and Wilkins will deliver a statement and take questions
The event is scheduled to start at 1615 GMT (11:15 am ET).
In my experience, Poloz tends to come across as optimistic when the economic news is good, so the risk here is that he will express some confidence in the economy and that might sound hawkish.
USD/CAD is at 1.2469 as it ebbs lower from the highs, perhaps on the some profit taking ahead of the press conference.