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(CP Photo)

For Bank of Canada, exports the crucial figure to watch

Stephen Poloz wants to make sure we keep our eye on the right ball when gauging the Canada’s monetary policy direction. His message: Don’t pay too much attention to the current upward pressures on inflation. They won’t matter much unless we get the follow-through on exports and business investment that the Bank of Canada boss has long been waiting for – and for which he has adopted an increasing tone of urgency.