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

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

(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.

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

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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