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8 Jun 2017
BoC's Poloz: We are not seeing signs of broader stress
Bank of Canada's Governor Stephen Poloz is hitting the wires, via Reuters, saying that process of adjustment to oil price shock is "mostly behind us".
Key headlines (via Reuters):
- Our assessment of home capital situation is that it reflected firm-specific factors
- Regulatory and supervisory system worked as it was designed to in regards to home capital
- Process of adjustment to oil price shock is mostly behind us