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.
More Quotes from Carolyn Kwan:
The Bank of Canada is more likely to move more than the U. S..Carolyn Kwan
The business conditions survey is going to take center stage for Canada, maybe in particular because the Canadian dollar seems to be playing an important role in the Bank of Canada's thinking now.
Carolyn Kwan
Even with the Canadian dollar appreciating some 6 U.S. cents through the year, both exports and imports in 2005 surged to record high levels.
Carolyn Kwan
The overall tone of the report is pretty mediocre at this point.
Carolyn Kwan
This is a supportive report for Bank of Canada's 'modest' rate hike plans -- good growth, but lower imported costs.
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
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