30 Quotes by Eric Lascelles
- Author Eric Lascelles
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(The report is) a testament to the fact that the Canadian manufacturing sector continues to confront a wide spectrum of challenges, including elevated input prices and a muscular Canadian dollar.
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- Author Eric Lascelles
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It's hard to imagine that individual month-to-month figures are going to have much bearing.
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The Bank of Canada may look closely at this number and sit up and think whether they should go further. There is a probability they may go beyond 4 percent.
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The intent of that, in my view, is to say they are very cautious about looking forward. A rate hike should not be expected in the same vein that one was expected for today.
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The Canadian economy is alive and well and will continue to grow. This will be near-term positive for the Canadian dollar.
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The Canadian dollar has gone through the roof.
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Inflation isn't out of hand anyway in Canada. The market may think the Bank of Canada will move less aggressively. It will be a surprise if the bank moves beyond 4 percent.
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Clearly, many of these automakers are encountering pretty substantial troubles and I think it is going to be a tough time for both the workers and the companies going forward - we'll just have to see how rough it is.
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- Author Eric Lascelles
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I don't think there has been much of an impact at all from the election because, certainly a minority was expected, a minority was the outcome.
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