Bank of Canada Sends Loonie Lower on Stimulus Talk

The video discusses the Bank of Canada's decision to keep rates unchanged, despite initial market reactions to removed inflation risk comments. Governor Stephen Poloz highlighted discussions on further stimulus, including potential rate cuts, to boost economic capacity by mid-2018. The impact of new mortgage rules on the housing market was also addressed, noting they might curb home resales but won't prevent further rate cuts. Additionally, the Trudeau government's fiscal stimulus is expected to boost GDP by 1% by early 2018.

What was the anticipated effect of the housing measures on the Central Bank's pressure?

What fiscal stimulus measures did Stephen Poloz mention that could boost GDP?