So far the inflation side has performed well, but we know there are lags between capacity pressures and inflation, so we have to worry about that.
More Quotes from Don Drummond:
Ontario is not growing as fast as other areas. Is it appropriate to blame that on equalization I would say no,Don Drummond
We sometimes forget that the U.S. economy is a quarter of all world demand for oil, so if it slows down it should take some of the froth off the demand side.
Don Drummond
That's not quite as forthcoming as B.C. and Manitoba were, but I read that as still they're likely to do it - again provided the Conservative federal government follows through.
Don Drummond
You could take this equalization burden away from Ontario and it's still going to have those dollar issues, and the commodity prices issues.
Don Drummond
What Canada needs is a shift in focus away from consumption and towards savings and investment,
Don Drummond
I think we have become insane with the attention we put on single indicators. The problem here is not Statistics Canada. The problem is how people use the survey.
Don Drummond
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