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Doug Porter Quotes
«The deepening slide in manufacturing is notable, although solid gains in other areas continue to pick up the slack. The moderation in wage growth will be welcome by the Bank of Canada.»
Author: Doug Porter
«Canada's trade picture remains very healthy, at least on the surface, thanks to booming commodity prices. The more recent slide in natural gas prices suggests that this may mark the peak for the surplus in this cycle.»
Author: Doug Porter
«On balance, this is a positive for the Canadian economy when those prices are strong.»
Author: Doug Porter
«In this environment, the Bank of Canada has very little room for error, and cannot be overly focused on a single sector of the economy, no matter how weak.»
Author: Doug Porter
«There's been a slight upward revision of expectations for Fed tightening, which would keep the spread between rates locked in. The earlier view was that the spread might narrow.»
Author: Doug Porter
«Canada's dollar still has a lot of supporters out there. The economy is performing very well and the central bank may go further.»
Author: Doug Porter
«Obviously, consumers just ignored all the dire warnings and kept on spending.»
Author: Doug Porter
«In this case, it is really not a dollar story, it's more a natural gas price story. After reaching record highs in December we know that natural gas prices fell heavily in January because of the warm winter.»
Author: Doug Porter
«The overwhelming view is that the bank will continue to raise interest rates, despite the latest strength in the Canadian dollar.»
Author: Doug Porter
«The fact that the dollar was even raised in the statement, I think at the very least, suggests the bank is keeping a close eye on it.»
Author: Doug Porter