The Canadian economy is alive and well and will continue to grow. This will be near-term positive for the Canadian dollar.
Eric Lascelles
We've seen some really strong job gains... So this is just a bounce-back to reflect that.
strong job
It's hard to imagine that individual month-to-month figures are going to have much bearing.
individual imagine hard
positive grow alive economy canadian
Keep in mind that auto shipments and sales tend to be quite volatile. They've been really going up and down pretty wildly over the last few months, and so I'd be hesitant to read too much into any one reading.
reading mind read sales pretty
We certainly do think there are another two (rate hikes) left in the Bank of Canada before they tag out.
canada left
I don't think there has been much of an impact at all from the election because, certainly a minority was expected, a minority was the outcome.
minority impact election
Basically, it's the same underlying picture and certainly supportive of the monetary policy action they've been undertaking.
action picture
This report was largely in line with expectations. It was a grim report.
expectations
There are some weak spots in the report and that's what the market is responding to.
market weak
Clearly, many of these automakers are encountering pretty substantial troubles and I think it is going to be a tough time for both the workers and the companies going forward - we'll just have to see how rough it is.
time troubles forward pretty
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