Eric Lascelles Quotes

There is huge strength in employment ? It shows continued strength in the labor market, which supports the Canadian dollar. The Bank of Canada may look closely at this number and sit up and think about whether they should increase interest rates further. There is probability they may go beyond 4 percent.

- Eric Lascelles

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Huge | Strength | Employment | Shows | Continued |

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Most people would argue the Canadian dollar is fairly valued somewhere in the 80-85 U.S. cent range, and we're not far from that. So I suspect the conditions manufacturers are facing right now are perhaps more reflective of the true long-term type of conditions they should expect. - Eric Lascelles

Today's twin reports provide a further excuse for the Bank of Canada to halt at 4.0 percent after next week's hike. - Eric Lascelles

It does look like a U.S. dollar story. There doesn't seem to be any obvious fundamental story. - Eric Lascelles