Marc Levesque
Marc Levesque
exports growth net
So exports actually contributed to net GDP growth in November.
commodity partly price
This may be partly a commodity price story.
increases market price rate starting
The market is starting to price out some of the rate increases that have been priced in.
backdrop bit currency economy government majority matter rally surplus
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.
dodge last surprise
Dodge said nothing new that he had not already said last week, no surprise there.
consumers means obviously spending squeeze
It'll be a pretty big increase. It means a lot for consumers and their pocketbooks, obviously - it's going to squeeze their spending power.
economy economy-and-economics fall full paints picture report shows similar survey
This report paints a picture very similar to the fall survey and shows an economy practically at full capacity.
continue currency fed global increased monetary movements policy seeing shift terms
What we're seeing in terms of currency movements - and it will probably continue at least over the near-term - is a shift in global monetary policy expectations. There's a gearing-down of expectations for Fed tightening, coupled with increased tightening expectations elsewhere.
bank canada data investors providing rate reason risks sell upside
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.