Stephen Poloz says rate cut remains on table, sends high-flying loonie into a swoon

Bank of Canada Governor Stephen Poloz highlighted unknowns around U.S. President-elect Donald Trump’s policies in a rate decision and indicated he’s prepared to cut interest rates if new protectionist measures derail the nation’s economy.

The central bank kept its key interest rate unchanged at 0.5 per cent and said “significant uncertainties” from the U.S. are weighing on the economic outlook. These include a shift toward protectionist global trade policies. At a press conference...

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