Tories can’t win next election without strong showing in Ontario, lower dollar helps Ontario
Stephen Poloz talks much more about the exchange rate and its importance for Canadian economic recovery and, more importantly, his interest rate decisions are having an important effect in helping to push down the value of the dollar.
With R&D spending by business in decline and business investment relatively flat, and productivity disappointing, is Canada headed for its own version of secular stagnation where it will take ultra-low interest rates to persuade businesses to invest? This is the big question facing not only Bank of Canada Governor Stephen Poloz, left, but even more so Finance Minister Joe Oliver, right, in his April 21 budget. The Hill Times photographs by Jake Wright and Facebook