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Serial disappointment in business spending baffles Bank of Canada Add to ...

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Stephen Poloz has taken a lot of heat for being overly optimistic about the export recovery.

There has been a lot less focus on the Bank of Canada Governor’s chronic forecasting misses on business investment.

These two vital components of the economy are, of course, linked. In a trade-dependent country such as Canada, exports help drive investment. As companies grow their foreign sales, they gain confidence and eventually expand their operations to meet growing demand.

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Poloz says any changes to U.S. trade would have 'complicated' effects for Canada (The Globe and Mail)

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