Quotations
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Eric Lascelles Quotes
«The most notable (change) is the insertion of the word 'modest.' And that's been interpreted in a dovish fashion.»
Author: Eric Lascelles
«Perhaps part of the story for the Canadian dollar is the bump in oil prices and these wholesale numbers, but that's not all that evident in the fixed-income market.»
Author: Eric Lascelles
«We did have a weak University of Michigan confidence index ... but on the flip side, you had the producer price index, which came in a little strong.»
Author: Eric Lascelles
«The business sector in Canada continues to grow at a moderate pace.»
Author: Eric Lascelles
«There's no question manufacturers are paying the piper in some sense, in that they did get away with a lot over the 1990s when the Canadian dollar was weak.»
Author: Eric Lascelles
«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.»
Author: Eric Lascelles
«Inflation isn't out of hand anyway in Canada. The market may think the Bank of Canada will move less aggressively. It will be a surprise if the bank moves beyond 4 percent.»
Author: Eric Lascelles
«It does look like a U.S. dollar story. There doesn't seem to be any obvious fundamental story.»
Author: Eric Lascelles
«We've been told before that this is the Bank of Canada's favorite measure. So, the Bank of Canada, without question, is going to sit up quite closely and look at this release.»
Author: Eric Lascelles
«The commodity play is a big part of the story there.»
Author: Eric Lascelles