October 27, 2015 / 4:33 PM / 3 years ago

BRIEF-Bank of Canada's Lane: have recently seen pick up of exports

Oct 27 (Reuters) -

* Bank of Canada’s Lane: have recently seen pick up of Canadian exports, especially in sectors that are sensitive to C$

* Bank of Canada’s Lane says previous C$ strength led to disappearance of a number of exporters; further export increases may require new firms

* Bank of Canada’s Lane: over time expect canadian productivity will pick up

* Bank of Canada’s Lane: our baseline is current level of monetary policy is appropriate; no need for further measures at present

* Bank of Canada’s Lane: looking through effect of exchange rate is right to do in present circumstances but wouldn’t always be the right way

* Bank of Canada’s Lane: evidence suggests there are a range of options for extraordinary measures from central banks; jury out on magnitude of effectiveness For story: (Reporting By Leah Schnurr)

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