More from Toronto

  • we put stock in data showing higher wages, doesn't mean there is no slack left
  • the uncertainty of NAFTA has been persistent issue. It is holding back investment to some extent
  • if the economy is there potential but still in transition phase it means potential output should grow a little faster than our assumption, downside risk to inflation forecast
  • quarterly data points are most important, but monthly data are part of full array to assemble "our story"
  • will not prejudge mortgage regulations
  • says monitoring how last year's changes to mortgage regulations are affecting lending
  • bitcoin use more like gambling than investing
  • bitcoin is a situation that has ingredients of something that could be a significant disturbance