The strength in this component, which includes apparel and home entertainment goods, bodes well for Christmas retail sales.
More Quotes from Carolyn Kwan:
They probably will not explicitly (address it.) But there are several ways in which they can bring that up and talk about it in terms of global risk and the adjustment to international terms of trade, or...that inflation has been coming in lower than expected.Carolyn Kwan
The business conditions survey is going to take center stage for Canada, maybe in particular because the Canadian dollar seems to be playing an important role in the Bank of Canada's thinking now.
Carolyn Kwan
We've had quite a significant appreciation this week, and I think this is sort of a holding pattern before we get the Bank of Canada next week.
Carolyn Kwan
The jobs number was a blowout. It was strong across the board.
Carolyn Kwan
Basically whatever high level of investment there last year, there will be even more this year. But we have some good gains in other areas too.
Carolyn Kwan
Even with the Canadian dollar appreciating some 6 U.S. cents through the year, both exports and imports in 2005 surged to record high levels.
Carolyn Kwan
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