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Letter "M" » Marc Levesque Quotes
«As a result, net exports contributed positively to the accounting of GDP growth in November.»
«Currently, the Canadian dollar has been on a tear, an absolute tear. It's been massively outperforming other currencies.»
«This may be partly a commodity price story.»
«The backdrop for consumer spending remains robust.»
«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.»
«I don't think they want to commit to any future rate hikes in case things start to sour. They're just leaving all the doors open.»
«This morning's merchandise trade report certainly came as a shocker, but this is one case where the headline looks much worse than the details of the data.»
«There's little market reaction I think for two things. First, the strength was anticipated to some extent. Second, the market is very tightly focused on what the Bank of Canada is doing this afternoon.»
«The strength of today's report certainly will not be lost on the Bank of Canada ... as a result, we still believe the odds favor another rate hike from the bank in April.»
«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.»