30 Quotes by Eric Lascelles

Today's twin reports provide a further excuse for the Bank of Canada to halt at 4.0 percent after next week's hike.

Today's report poured some further cold water on the outlook for the Canadian manufacturing sector, not that it needed any cooling off to begin with.

This report was largely in line with expectations. It was a grim report.

We certainly do think there are another two (rate hikes) left in the Bank of Canada before they tag out.

There's no question manufacturers are paying the piper in some sense, in that they did get away with a lot over the 1990s when the Canadian dollar was weak.

(The survey) certainly continues to suggest that the Bank of Canada need not be concerned about inflationary pressures arising from manufacturers.

Perhaps part of the story for the Canadian dollar is the bump in oil prices and these wholesale numbers, but that's not all that evident in the fixed-income market.

The most notable (change) is the insertion of the word 'modest.' And that's been interpreted in a dovish fashion.

The business sector in Canada continues to grow at a moderate pace.