Doug Porter Quotes

Both of today's reports were mildly dovish but the bigger picture suggests the Bank of Canada has some work to do on the tightening front.

- Doug Porter

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Reports | Mildly | Dovish | Bigger | Picture |

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And I think a lot of it flows from a combination of very positive Canadian economic data on Thursday, as well as more signs out of the U.S. that the U.S. economy is cooling to a sustainable pace and that the (Federal Reserve) will be on hold for some time. - Doug Porter

On balance, this is a positive for the Canadian economy when those prices are strong. - Doug Porter

I think you can definitely make a case that this is as much a U.S. dollar strength story as a euro weakness story, ... We also think the U.S. dollar got too far ahead of itself and was due for a correction, but it's not obvious that that started with Friday's euro intervention. - Doug Porter