Douglas Porter Canadian Quotations

Canadian consumer spending is finally poised to hit the brakes after a spectacular run earlier this year,

The renewed and rapid rise in the Canadian dollar may ultimately do much of (the) tightening for the bank, but we look for at least one more rate hike this year.

Given that there are virtually no other signs that Canadian spending suddenly weakened in February, this sharp drop in imports is likely to prove to be a fluke.

I think it will improve liquidity and the attractiveness of owning Canadian financial assets, although I don't see it as a watershed event for Canadian financial markets.