The Canadian economy is carrying untapped potential that could prolong the expansion without causing inflation pressures, Governor Stephen S. Poloz said today. In a lecture at Queen’s University, Governor Poloz said that the Canadian economy is currently in the phase of the economic cycle where companies need to expand capacity to meet rising demand. “Growing their sales further means increasing investment, leading to the creation of new jobs and increased aggregate supply,” the Governor said. “Obviously, this is a phase worth nurturing.” Governor Poloz pointed to several sources of untapped potential economic ... (full story)