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The next governor of the Bank of Canada didn’t say a lot, but he said enough to deduce that his tenure promises a change in focus when he takes over from Mark Carney next month.
At the press conference Finance Minister Jim Flaherty called to introduce his choice for governor, Stephen Poloz, the chief executive officer of Export Development Canada, twice made reference to his recent experience in the trenches with the country’s business managers.
“In 2012, I think I visited 70 or 75 CEOs across Canada in my capacity at EDC,” Mr. Poloz said. “It gives us a true anecdotal feel...