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Bank of Canada's Lane: Economy is running on two speeds

Comments from Bank of Canada deputy Tim Lane in Thunder Bay, ON

The text from Lane's speech isn't out but there's a presentation on the BOC website with some bullet points.

  • US economy providing lift to Canadian economy but exports disappointing
  • Inflation is close to target
  • Demographics are restraining growth
  • Commodity and non-commodity sectors running at different speeds
  • Labor market is still recovering

The full presentation is here . There will be more detailed headlines when he speaks. He's set to talk at 12:25 pm ET.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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