When I came here almost nine years ago our economy was troubled and our nation was divided,
I get the feeling that the economy was really wanting to move ahead more quickly last year, then hit a bunch of speed bumps. I get the feeling companies are ready to start building their businesses and do lot of what normally happens in an expansion.
If we show a build on the slight improvement in the labor market we've seen, if the economy continues to grow, there will be a decent November.
If we see them increasing their outlook for the world economy in terms of growth and we see that feed into Canada, it may justify another rate hike to 4.50.
If the economy slows, sectors that do the best are health care, energy and consumer staples.
If the economy slows, everyone's going to take a hit. It's just some are going to have their legs cut off, and some will walk away with a scab.
Given some of the strong data we've seen lately, it's not surprising he's bullish on the economy. There's not a lot of new news in this.
Getting access to the Chinese market is key in the world's rapidly changing economy.
Frankly, this is a darn good economy to start with. He's inheriting an asset, not a liability. It's not as if he's swimming upstream.
Four years ago we said we would invigorate our economy by giving people greater freedom and incentives to take risks and letting them keep more of what they earned. We did what we promised, and a great industrial giant is reborn.