Carolyn Kwan Strong Quotations

While this is the largest monthly decline in nearly five years, the fall is entirely attributable to civilian aircraft, as non-defense aircraft orders returned to a normal pace, after a stunningly strong December.

With the stronger trade surplus, I would have expected the Canadian dollar to do a little bit better, except of course at the same time the U.S. trade deficit came in smaller than expected. As a result it's been positive for the U.S. dollar.

There were probably industrial prices that were helping support the Canadian dollar and also some of the data that we'll get at the end of the week could be on the strong side.

The jobs number was a blowout. It was strong across the board.

It is likely that the level of starts in both months was helped by milder than normal weather (the previous month, for example, was the strongest level of starts since January 1987), though they still represent strong underlying demand.