Good Economic News for Canada

Good news in Canada easily goes unnoticed. Below is some good stuff:

•    Canadian 10-year bond yields touch 2.00%, marking an 8-month high. = MORTGAGE RATES will have pressure to creep up! This is one of the indicators I watch.

•    TD Economics has pushed back the first Bank of Canada rate hike to the first quarter of 2014.

•    November GDP surprises markets on the upside, growing by 0.3%.

•    Small business owners were more optimistic in January, with near-term hiring intentions at a post-recession high.