27 Quotes by Marc Levesque

They said nothing's changed in their view of the economy so markets focused on the word 'modest' to mean they'll be less aggressive.

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.

This may be partly a commodity price story.

The Bank of Canada cannot afford to be complacent if it wants to keep inflation in check over its 18-24 month time horizon ... Look for the overnight rate to peak at 4 percent.

It'll be a pretty big increase. It means a lot for consumers and their pocketbooks, obviously - it's going to squeeze their spending power.

So exports actually contributed to net GDP growth in November.

In our view, there is still is every reason for the Bank of Canada to continue to nudge its rate higher, and we are not changing our call for a four per cent (overnight) rate by April.

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.

The market is starting to price out some of the rate increases that have been priced in.