“Canada may even regain G7 leadership by the end of this period if, as we expect, the pace of U.S. activity moves down to a sub-3 percent trajectory for the first time in nearly half a decade.”
“Looking ahead, domestic demand will be increasingly fuelled by the growth of business investment to ease capacity bottlenecks and improve operational efficiency. In Canada, energy-related and productivity-enhancing expenditures will dominate business capital projects. In both countries, pressing demands for improved public infrastructure - for health, education and our major cities - will underpin overall capital spending.”
“Canada may even regain G7 leadership by the end of this period if, as we expect, the pace of U.S. activity moves down to a sub-three per cent trajectory for the first time in nearly half a decade.”
“The guy on the street who is thinking of going to the U.S. this summer is going to feel a whole lot better because purchasing power has gone up a lot.”
“In terms of manufacturing and jobs, it's not good for Ontario because we are so focused on the U.S. marketplace _ roughly 90 percent of our exports in the province go there.”