The Globe and Mail reports in its Thursday, March 26, edition that Bank of Canada deputy Governor Timothy Lane says the global economy has disappointed but is slowly gaining momentum, as Canada deals with the fallout from the swift drop in the price of oil, Canada's top export. A Dow Jones dispatch to The Globe reports that Mr. Lane, in a presentation Wednesday to the local chamber of commerce in Kelowna, B.C., said Canadian economic expansion would slow this year before returning to full potential, adding an improving United States economy is helping to offset the drop in crude. The presentation stuck closely to the central bank's script and did not provide any new insight into its outlook. DJ says market watchers will focus their attention Bank of Canada Governor Stephen Poloz scheduled speech in London on Thursday. DJ says traders will parse Mr. Poloz's remarks to determine whether he believes the slowdown in Canada in early 2015 is unfolding as expected. Concerns about the economy prompted the BOC to cut its benchmark rate by 25 basis points to 0.75 per cent in January, calling the move a form of "insurance" against the decline in crude prices.