boc speech, 2006-05-03
In our April Monetary Policy Report (MPR), we say that the global economy has shown a little more momentum than had been anticipated: oil prices have been roughly US$10 per barrel higher than assumed; metals prices have risen significantly; and the Canadian dollar had been trading in a range of 85 1/2 to 88 ½ cents U.S.
Sentiment: neutral
Topic: mp_economic_activity