The Financial Post reports in its Thursday, July 17, edition that for almost a year, the Bank of Canada has been expecting key pieces of the economy to fall into place. The Post's Gordon Isfeld writes that has not happened. Instead of the anticipated rebound in exports and business investment, growth has been tepid as one forecast after another -- for Canada and globally -- failed to deliver as advertised. BOC governor Stephen Poloz says, "Right now, we do not have a sustainable growth picture in Canada." The hoped-for sustained recovery in the United States and Europe, crucial for a rotation back to this country and spurring moves into new markets, and taking the weight of growth off Canadian consumers, has yet to take hold. Mr. Poloz says, "The most important thing has been the failure of exports to recover." Mr. Poloz says: "There's no question that with higher global prices for energy, higher Canadian terms of trade, that's one positive, natural force that's working its way through our economy. ... Over time, we know the energy sector will get bigger and bigger, as a share. But it seems unlikely that it will be sufficient to fill all of the wedge of exports from the other sectors."