Craig Alexander

The odds clearly favor the Bank of Canada raising the overnight rate by a quarter point on May 24 to read more

The odds clearly favor the Bank of Canada raising the overnight rate by a quarter point on May 24 to 4.25 percent.

Canada's housing markets remained robust in early 2006, despite slightly higher mortgage rates. However, the dominant theme lurking beneath the read more

Canada's housing markets remained robust in early 2006, despite slightly higher mortgage rates. However, the dominant theme lurking beneath the national average results is clear signs that speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a soft-landing.

It is one of the hardest things to forecast. So, get used to it.

It is one of the hardest things to forecast. So, get used to it.

Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a read more

Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be coming in for a soft landing.

Given these divergent signals from the Bank of Canada and the Fed, look for the Canadian dollar to strengthen in read more

Given these divergent signals from the Bank of Canada and the Fed, look for the Canadian dollar to strengthen in the near term, trading decisively through 90 U.S. cents.