Interest rates low enough to stimulate economy, upward path ‘uncertain’: Poloz

OTTAWA — The head of the Bank of Canada says his trend-setting interest rate is low enough, at its below-inflation level of 1.75 per cent, that it’s delivering stimulative effects to the economy. But even in the stronger economy, governor Stephen Poloz said Thursday that the benchmark rate’s upward journey to its likely destination range of between 2.5 and 3.5 per […]