19 Quotes by Rick Egelton

When you take (the report) alongside all the other indicators, particularly the purchasing managers' survey, it confirms the economy is indeed in recovery.

Next year, the westward tilt is expected to continue, although Newfoundland and Labrador will be the exception to the rule as major developments in the mining and oil sectors ramp up to full production.

I think the pass-through has been much quicker than it has in the past.

I think the economy is probably performing a little bit better than people had anticipated as well.

I think they would want to be very careful not to run a deficit. . ,it would look terrible.

Retail sales -- a little disappointing when you look outside autos. All in all, it suggests moderate growth in consumer spending.

We are seeing the prices-paid component getting up there, a fairly strong number, which I think will likely heighten the Fed's concern on the inflation front,

We expect the overnight rate to reach 4 per cent by April, and 4.5 per cent by the fall of 2006.

We expect further declines in 2006 and subsequent years as pent-up demand is fulfilled and as interest rates rise over the medium term.