- Inflation profile ‘somewhat firmer’ than expected
- Better confidence and financial conditions helping Canada
- Trends in household debt and high house prices unsustainable
- Export strategy can’t rely on expectations for a more favorable exchange rate
- Canada likely to stay an attractive investment destination
- Commodity prices likely to stay high for some time
- European challenges have moved from acute to chronic
- Recent US data encouraging
- Job vacancies rising but unemployment may not have skills to make quick switch
- Full text
No surprises here as these comments are along the same lines as the BOC statement. CAD is unmoved.
