Deputy governor of Bank of Canada, said some pretty flattering words about the economy of the country. It's not like we do not see it in the charts.. but it's reassuring to hear it from somebody in charge. Here are come of Schembri comments that concerned us.
"Solid demand growth is spawning business investment. BOC is closely monitoring expansion and economic capacity. Trade liberalization helpful for boosting potential firm entry. Better labor market conditions.
Uncertainty about US trade policy currently weighs on business investment, export growth but Canada's recent deals on CETA, TPP are helping to reduce trade barriers.
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