The Canadian dollar is heading for a new range of around 86 cents slightly improving the relative merits of the Canadian financial exports and export situation. While the Canadian resource sector will remain strong currency wise it will not post the out sized expansion seen since 2003 , due to foreign currency forex factors and forex factors in. Similarly corporate profits will rise , but at a considerably slower pace than in the past several years.
Inflationary pressures will diminish as core inflation values decelerate especially in relation to the US dollar and foreign currency forex merits and factors. Economic growth is likely to continue at sub pace values in Canada and the US as both countries bump against capacity constraints , particularly in the labour market . Construction of commercial , retail and industrial sites will remain strong in lagged response .
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