Real exports are poised to take a bite out of Canada's growth performance for the first quarter as a whole.
More Quotes from Marc Levesque:
This report paints a picture very similar to the fall survey and shows an economy practically at full capacity.Marc Levesque
As a result, net exports contributed positively to the accounting of GDP growth in November.
Marc Levesque
If we end up with a majority government you could see a bit of a rally in the currency but it would be short-lived. Canada's economy is comfortably in surplus and that backdrop isn't going to change, no matter who wins.
Marc Levesque
Aside from a few small snippets, Mr. Dodge could have transmitted exactly the same message by stating that 'nothing of substance has changed since the (Monetary Policy Report) Update', and leaving it at that.
Marc Levesque
The data aren't providing any reason for the Bank of Canada to pause. The risks are on the upside for rate increases. Investors are going to sell bonds.
Marc Levesque
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