BOC Macklem meme
  • There is some evidence global supply chain problems may have peaked
  • Canadian companies must follow through on their investment plans or risk losing out to US competitors
  • Productivity growth is vital to economic growth and to increasing wages without raising labor costs
  • US has been more nimble than Canada in the past

There's nothing market moving here but the loonie is having a decent day with USD/CAD down 36 pips to 1.2677.