Canada does have a big stake and the governor of our central bank should definitely put forward his opinions on these kinds of issues. |
I think the Bank of Canada sees these manufacturing losses as a smooth and necessary adjustment. |
The data point to the dilemma facing the Bank of Canada. Rising economy-wide labor cost pressures are likely to push core inflation above the 2 percent target in the second half of 2006, implying a need for further reduction in monetary stimulus. |
The fourth quarter was still an extremely good quarter for employment in Canada. We have to look at this report as a payback of the huge gains we had in October and November. |
This recent shift towards gift cards that retailers don't count until they're redeemed in January...and the (formerly governing) Liberals' tax cuts should support first-quarter consumer spending. |
We had a very good fourth quarter for employment. |
We think there's going to be two more rate hikes. One in March and then another in April. |