We’re gonna grow faster than the rest of the G7 next year, a Canadian official tells Reuters.
Given how anemic growth is expected to be in 2010, they may win the race but it might not be much of a competition…
The same official says that it is premature to say that there is a private sector-led recovery….Wouldn’t run out and load up on Loonie based on that set of headlines.
USD/CAD trades at 1.0790 after topping out at 1.0853 early this morning.