BoC's Poloz: At this stage, I'm comforted that economy is showing better dynamics

Additional comments keep crossing the wires, via Reuters, from BoC's Governor Stephen Poloz in a Q&A session:

• Whether our banks have been downgraded or not, they're extremely highly rated
• The longer home prices rise unsustainably, the more you become concerned anything could trigger correction
• What we're cognizant of is there has been an increase in debt in the economy so interest rate sensitivity could be higher
• The average consumer is not the highly indebted consumer we're concerned about
• The average consumer has assets and no debt; there's a lot of assets out there
• Resilience is rising in the background even if vulnerabilities are also rising in the foreground
• Toronto, Vancouver housing markets are not by any stretch entirely speculative
• We've seen big rise in supply of houses in Toronto that people are willing to sell