BoC's Poloz: Uncertain U.S. trade policy is "another challenge" for Canadian exporters to deal with

Bank of Canada's Governor Stephen Poloz was on the wires last minutes, via Reuters, noting that uncertainty around the threat of increased protectionism is holding back growth.

More headlines (via Reuters):

• "Everybody loses eventually" with protectionism, including the country that implements the policies
• First order of business for Canada, Mexico should be to keep working on opening trade elsewhere in the world
• Uncertainty about U.S. trade policy increases risks companies face, which can restrain investment, raise cost of capital
• Research done by BoC shows increase in U.S. tariffs would lead to lower U.S. output after about 5 years
• Expected rotation in Canadian economy has yet to play out fully, due to continuing shortfall in exports
• Uncertain U.S. trade policy is "another challenge" for Canadian exporters to deal with
• Calls shelving of trans-pacific partnership "unfortunate"