Poloz sees full capacity and 2% inflation in 18 months

Canada governor describes destination the Canadian economy is moving towards

stephen-poloz
Stephen Poloz
Bank of Canada

The Canadian economy should arrive at full capacity and sustainable 2% inflation around the end of 2016, Bank of Canada governor Stephen Poloz said on May 19.

"We're still a ways from home; we project it will take 18 months or so to get there," he said, in a speech to the Greater Charlottetown Area Chamber of Commerce. "That's if growth turns out as we expect and we aren't hit by other storms or cross-currents on the way, whether headwinds or tailwinds."

He went on to sketch out what "home"

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