No Rush

The Week Ahead

April 16, 2018

If you’re keeping track, Governor Poloz has yet another reason for sleepless nights—a cheery and con dent corporate Canada.

You see, until the release of the better-than-expected Business Outlook Survey (BOS) earlier this week, the Bank’s party line probably went something like, “yes we are at full capacity, yes we are starting to see some wage pressure and yes we are re-learning how to spell inflation, but headwinds from the US are way too strong, and are working to weaken business cofidence. Therefore, we’re comfortable staying put until we have more clarity.“

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