BOC Deputy Lynn Patterson economic progress report following yesterday's BOC decision
- Federal tax changes may have delayed investment
- Firms may be waiting to invest until NAFTA ratified
- Complex adjustments underway in the housing market
- Expects Canadian economy to pick up later in 2019
- Most households are managing debt levels
There isn't much here that wasn't in the BOC statement. I don't think this is going to be a mover for the Canadian dollar.