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The central bank has pinned its hope on non-energy exports to lift Canada's fortunes, and Mr. Poloz said Monday that the export recovery since the financial crisis "has been impressive but remains incomplete." The central bank estimates the country lost roughly 30 billion Canadian dollars ($22.39 billion) worth of export capacity as a result of the financial crisis and the years leading up to it, and has lost up to C$60 billion in income from the more recent commodity-price swoon. He said both monetary and fiscal policies in Canada are doing their part to help the economy recover from this hole. The Bank of Canada's main policy rate has stood at 0.5% for over a year, while the federal Liberal government has pledged tens of billions of dollars in infrastructure spending and tax relief. A weaker Canadian currency, relative to the U.S. dollar, is aiding with the adjustment. Write to David George-Cosh at email@example.com and Paul Vieira at firstname.lastname@example.org (END) Dow Jones Newswires 11-28-162355ET Copyright (c) 2016 Dow Jones & Company, Inc. Interactive Charts Default Setting Please note that once you make your selection, it will apply to all future visits to NASDAQ.com. If, at any time, you are interested in reverting to our default settings, please select Default Setting above. If you have any questions or encounter any issues in changing your default settings, please email email@example.com .
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