BRIEF-Bank of Canada news conference ends

Wed Jul 15, 2015 12:57pm EDT
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July 15 (Reuters) - BoC's Poloz: was quite surprised that after weather improved non-energy exports failed to improve

* Bank of Canada's Poloz: admits that household imbalances will edge higher but best contribution can make is to address the shock

* BoC's Poloz: given what Bank of Canada knew at the time, it did not make the wrong decisions in holding rates


* Energy exports will sort themselves out with more data, but BoC will be studying carefully

* BoC's Poloz: still has fair bit of room to maneuver, others tools in toolkit

* BoC's Poloz: does not believe will have to use other tools in toolkit

* BoC's Poloz: reasonable to expect divergence in policies with U.S.

* BoC's Poloz: if we are disappointed one way or another, we have room to move, and other tools in toolkit   Continued...