We think that's just going to be a short-term story. Evidence will come out that the Bank of Canada has more than enough reason to continue raising interest rates.
More Quotes from David Watt:
They're running a minority government, so (Conservative leader) Stephen Harper isn't going to give the opposition a gift in the form of a deficit.David Watt
Ontario is saying 'look, this program is already sort of hurting us. We didn't mind for the longest time because we could easily afford it. Now it's starting to pinch.
David Watt
The Fed doesn't have to get too worried about inflation creeping up, but it can't get complacent,
David Watt
I thought he was a superman. I know the kids saw him as an invincible dad. To see this, it tears them apart.
David Watt
The fiscal gap and the idea of Ontario becoming a have-not province are related, but not closely related,
David Watt
You're in a situation where you're stuck, because no government wants to go out there and say, 'we're in dire fiscal straits, we've got to increase taxes',
David Watt
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