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Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins will be delivering their remarks on the monetary policy outlook and will also respond to questions in a press conference at  14:15 GMT.  

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When is the BoC monetary policy decision and how could it affect USD/CAD?

Ahead of the key event risk, the pair was seen consolidating the recent gains to seven-week tops amid expectations that the BoC may again strike a more cautious tone amid the recent softness in the domestic economy.  

BoC Preview: 7 Major Banks expectations from April meeting.

Most of the researchers and economists are forecasting that the BoC is likely to leave the policy rate unchanged at 1.75% while shifting to the neutral bias.

About Stephen Poloz (via bankofcanada.ca)

“Stephen S. Poloz was appointed Governor of the Bank of Canada, effective 3 June 2013, for a term of seven years. As Governor, he is also Chairman of the Board of Directors of the Bank and a member of the Board of Directors of the Bank for International Settlements (BIS). He currently chairs both the BIS Audit Committee and the Consultative Council for the Americas.”