October 31, 2017 / 7:47 PM / a year ago

Bank of Canada's Poloz: Canada at crucial spot in economic cycle

OTTAWA, Oct 31 (Reuters) - Canada is at a “crucial” spot in the economic cycle with significant uncertainties clouding the way forward, Bank of Canada Governor Stephen Poloz said on Tuesday.

In opening remarks before a parliamentary committee, Poloz said the central bank, which raised interest rates twice earlier this year, will be cautious in making future changes to rates.

Reporting by Leah Schnurr; editing by Grant McCool

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