- 06 Sep '17 at 6:21 pm #11594
[article]183[/article]12 Sep '17 at 10:36 pm #11674TradersComKeymaster
When does the BoC ask is the Loonie getting too high ?13 Sep '17 at 12:34 am #11680
That is the thing that is making me nervous
Is Canada trying to price themselves out of the resource market?13 Sep '17 at 2:40 am #11681TrumanParticipant
I hadn’t thought of that angle – the BoC wouldn’t be but perhaps the government would like that there?13 Sep '17 at 6:10 am #11692TrumanParticipant
Think Bank of Canada’s move was also driven in part by the desire to remove some of the stimulatory policy setting in Canada as a precaution against global turmoil.13 Sep '17 at 6:26 pm #11695TradersComKeymaster
[quote=”Blarney” post=1425]Think Bank of Canada’s move was also driven in part by the desire to remove some of the stimulatory policy setting in Canada as a precaution against global turmoil.[/quote]
Likely – something the Fed has been trying to do but they just cant hit their inflation target to justify it13 Sep '17 at 10:34 pm #11704
Did you know: The Bank of Canada’s Governor, Stephen Poloz was the president and CEO of Export Development Canada.
Canada’s export credit agency and a State-owned enterprise wholly owned by the Government of Canada. Its mandate is to support and develop trade between Canada and other countries and Canada’s competitiveness in the international market-place.
Many, including myself assumed with the appointment of Poloz (2013) he would talk down the Canadian dollar to help with …..exports.
Feb 10, 2015 – “I honestly reject the notion that I’m talking down the dollar,” Mr. Poloz told reporters in Istanbul
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