Poloz Says He Doesn’t Talk Down Dollar as Exports Recover

Bank of Canada Governor Stephen Poloz said a pickup in exports is gaining traction, while insisting the central bank doesn’t try to manipulate the value of the currency.

“We are cautiously optimistic about our exporting future,” Poloz, 58, said in a speech today in Drummondville, Quebec. While saying it will take more than a few months to establish a trend, Poloz said, “it looks like the natural sequence we’ve been hoping for is getting under way.”