"Until we know specifically what might be presented, we can't assess the magnitude" of any shock to the Canadian economy, Poloz said after the central bank announced its key interest rate would stand pat. "I totally understand the challenge" faced by the Bank of Canada in trying to predict the Trump administration's trade plans, said BMO senior economist Robert Kavcic. Interest rates same, but a cut 'on the table'The Bank of Canada's key interest rate remains at 0.5 per cent for the 12th time in a row. The bank last cut interest rates in July 2015, by 0.25 per cent. In his comments to reporters, Poloz said "a rate cut remains on the table" to respond to any potential risks to the Canadian economy.

Source: CBC News January 18, 2017 15:08 UTC