Canadian Economy : the Outlook Keeps Improving

Statistics Canada leading indicator index increased significantly in February (0.8%) according to data published this morning. Only one of the ten components of the index registered a decline. The main interrogation for the canadian economy prospects in the short term is to what extent its production will be affected by the consequences on the world chain of production of the lack of pieces and components that are normally produced in Japan. The operators in the stock market seems less preoccupied by that, the S&P TSX having recuperated in the last few days the losses that came in the aftermath of the catastrophes in Japan.