BOC’s Poloz: BOC does not make assumptions about government policy

More comments crossing the wires from BOC Governor Poloz, via Reuters, as he continues to respond during the Q & A session.

Key Headlines:

Uncertainty from Trumps victory

BOC does not make assumptions about government policy

We have all the ingredients of divergence in monetary policy with US

If we hadn't had oil price shock Canada and US economies will be in more similar situations

Bond yields have crept up in last few weeks. That is something we have to build into calculus going forward

Sales by Canadian owned foreign affiliates are about the same size as total exports every year

Canada will set independent policy

Release of current account data should help bring things into focus for us, will have something more to say next week