Today's number might represent some upside risk to that.
More Quotes from Carolyn Kwan:
This is a supportive report for Bank of Canada's 'modest' rate hike plans -- good growth, but lower imported costs.Carolyn Kwan
The Bank of Canada has talked about the risks to 2007 on the downside. We would see the Canadian dollar weakening.
Carolyn Kwan
Basically whatever high level of investment there last year, there will be even more this year. But we have some good gains in other areas too.
Carolyn Kwan
The overall tone of the report is pretty mediocre at this point.
Carolyn Kwan
Everything this week is going to be hinging on the Bank of Canada early on -- there are also some important data points which should be supportive overall -- but the question really is the statement.
Carolyn Kwan
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