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BULLET: CANADA BOC: Deputy Gov Lawrence Schembri's speech no.>

CANADA BOC: Deputy Gov Lawrence Schembri's speech makes no direct 
ref to current mon pol stance. Says commitment to trade liberalizatn 
important to supprt potential growth. Uncertainty around US trade pol 
weighs on biz invsmnt and export growth. Education, immigration are 2 
other ways to promote potentl output gwth. Repeats econ operating close 
to potentl. Closely monitoring expansion in econ capacity. This is the 
last BOC speech before the blackout period starts May 23. Speech was to 
Ottawa Economics Association and CFA Society Ottawa. 

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