The Globe and Mail reports in its Wednesday edition that Bank of Canada Governor Stephen Poloz is warning that a move to raise interest rates will likely be delayed again. The Globe's Barrie McKenna writes that Mr. Poloz said Tuesday the BOC's current projection that the economy will get back to full capacity near the end of 2017 may be too optimistic. He said, "Our economy is still facing strong headwinds, and we need stimulative monetary policy to counteract them." He said Canadians will have to work longer and save more, while companies must get used to generating significantly lower returns on their investments. Mr. Poloz's comments bolster the expectation that the BOC will not start pushing up its key interest rate until at least mid-2018. Some economists say a rate cut remains on the table if economic conditions deteriorate significantly. National Bank of Canada economist Krishen Rangasamy says, "Rate hikes are clearly not on the horizon." Bank of Montreal economist Benjamin Reitzes says "patience" has become the BOC's guiding principle in an environment where record-low interest rates are having minimal impact on growth. The BOC posts its next quarterly forecast on Oct. 19.