Currency traders may never let Bank of Canada Governor Stephen Poloz escape his past.
Poloz was a rising star at the central bank in the early 1990s when he quit to join a private research firm. In 1999, he joined Export Development Canada as chief economist, and in 2010 he was named president and chief executive officer. He would have interacted with hundreds of exporters during those years. So as far as some on Bay Street are concerned, he’s essentially one of them; installed in Ottawa to do their bidding, a Manchurian Candidate in control of monetary policy.
And what does Big Export want? A weaker dollar, of course.
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