Carolyn Kwan
Carolyn Kwan
areas basically gains good high investment last level whatever
Basically whatever high level of investment there last year, there will be even more this year. But we have some good gains in other areas too.
canadian data dollar helping industrial prices strong support week
There were probably industrial prices that were helping support the Canadian dollar and also some of the data that we'll get at the end of the week could be on the strong side.
canadian commodity dollar looks reason
It looks like the Canadian dollar has really recovered. Part of the reason has to do with the commodity story.
adjustment bring coming explicitly global inflation lower risk several talk terms ways
They probably will not explicitly (address it.) But there are several ways in which they can bring that up and talk about it in terms of global risk and the adjustment to international terms of trade, or...that inflation has been coming in lower than expected.
both canadian cents dollar exports high imports record
Even with the Canadian dollar appreciating some 6 U.S. cents through the year, both exports and imports in 2005 surged to record high levels.
bit came canadian course deficit dollar except expected positive result smaller stronger time trade
With the stronger trade surplus, I would have expected the Canadian dollar to do a little bit better, except of course at the same time the U.S. trade deficit came in smaller than expected. As a result it's been positive for the U.S. dollar.
expecting impact increase rate
We're still expecting one more rate increase and I think this probably should not have too much of an impact overall.
affected bit financial further immediate point situation terms until
In terms of how it affected financial markets, it did have an immediate impact, but I don't think it's long-lasting at this point until we know a little bit further what the situation is surrounding it.
canadian commodity dollar expectation natural oil prices
With the commodity prices easing, especially oil and natural gas, the expectation is that the Canadian dollar would actually come down somewhat.
mediocre overall report tone
The overall tone of the report is pretty mediocre at this point.
coming increase interest next rate supportive
I think the next interest rate increase is pretty much anticipated. We (forecast) another interest rate increase coming right after that as well, we think this is pretty supportive of that.
both helped january level likely months normal previous represent since starts strongest though underlying weather
It is likely that the level of starts in both months was helped by milder than normal weather (the previous month, for example, was the strongest level of starts since January 1987), though they still represent strong underlying demand.
canadian shift small suppose
I suppose the Ivey may be having some small effects, but we don't think it should be. Fundamentally we don't think there's been any real shift in the Canadian economy.
might number represent risk upside
Today's number might represent some upside risk to that.