October 5, 2017 / 3:06 PM / a year ago

Canada's Morneau says recent pullback in Canadian dollar helpful for exporters

Canada's Finance Minister Bill Morneau takes part in a news conference in Ottawa, Ontario, Canada, July 18, 2017. REUTERS/Chris Wattie

(Reuters) - Canadian Finance Minister Bill Morneau said the recent pullback in the Canadian dollar would be helpful for exporters, and he has a sense from meeting with private-sector economists in Toronto on Thursday that the economy will remain strong.

Morneau also said plans for the Infrastructure Bank were on track, with the board of directors being filled and a chief executive hired. He said the government’s fall fiscal update would come in a matter of weeks.

Reporting by Fergal Smith in Toronto and Andrea Hopkins and Leah Schnurr in Ottawa; Editing by W Simon

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