27 Quotes by Marc Levesque

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.

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.

I don't know anybody out there who is not expecting the Bank of Canada to hike 25 basis points next week.

Most importantly, the Bank of Canada is not giving the impression that it has much of an appetite for further rate hikes beyond the 4 percent level.

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.

This report paints a picture very similar to the fall survey and shows an economy practically at full capacity.

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.

Dodge said nothing new that he had not already said last week, no surprise there.

Currently, the Canadian dollar has been on a tear, an absolute tear. It's been massively outperforming other currencies.