16-04-2016 18:52 via news.yahoo.com

Bank of Canada pushes back on question of independence

By Andrea Hopkins WASHINGTON (Reuters) - Bank of Canada Governor Stephen Poloz pushed back on Saturday at the suggestion the central bank had accepted economic assumptions from the Department of Finance without doing due diligence about Finance Minister Bill Morneau's budget. A bigger boost is expected from direct investment like infrastructure spending, and a smaller one from tax measures because of the uncertainty around consumer spending, Poloz explained.
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