OTTAWA Jan 22 Bank of Canada Governor Stephen
Poloz on Wednesday said the chances of a rate cut were slightly
greater than they had been before, but added that the central
bank was maintaining a balanced approach.
Earlier in the day, the BoC - which has kept rates at near
record lows since September 2010 - said in its Monetary Policy
Report that the timing and the direction of the next rate change
would depend on economic data.
Asked whether this meant the door was more open to a rate
cut, Poloz told BNN television: "The door is slightly more open.
However, we still are even handed about it."