MNI BRIEF: BOC Says Serves Canada Well As PQ Seeks To Quit CAD

Governor Tiff Macklem said Tuesday the Bank of Canada serves the country well, declining to comment directly on a proposal by Quebec's separatist party leading in polls before an election next year to quit the central bank and create its own currency.

"I’ll leave the political commentary to the politicians," Macklem said told reporters after a speech in Montreal. (See: MNI INTERVIEW: Strong CAD Pressures Fresh BOC Cut- Ex Staffer) Responding to another question he said the currency has been boosted a bit recently by some weakness in the U.S. dollar.