Tag Archives: oil prices
Is Poloz Pulling down the Loonie?
Bank of Canada Governor Stephen Poloz insists he is not talking down the Canadian dollar and its depreciation relative to the US dollar is the result of economic developments – in particular the fall in oil prices. So is oil driving down the dollar? How about a quick and dirty regression?
Alberta Juggernaut Continues…For Now
Friday’s Labor Force Survey release showed total employment and the unemployment rate were little changed and that there has been little overall employment growth in Canada since August. Indeed, total employment shrank slightly in Canada with Quebec and British Columbia faring the worst in terms of the total number of jobs lost. Of course, Alberta […]
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