Research Team at TDS, suggests that the Bank of Canada Governor Poloz is set to give the opening remarks at a conference in Ottawa.
Key Quotes
“It should be a quiet affair with no media lock-up, published remarks or press conference. On the data front, we will see the New Housing Price Index for January, which is expected by the market to increase by 0.2% on a monthly basis and 1.8% y/y. Meanwhile, the capacity utilization rate for Q4 should slip from 82.0% to 81.7%, based on a small sample of forecasts.”
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