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In his “Breakfast with Dave” daily economic report, David Rosenberg provides invaluable insight to those with one eye on the markets, but not much of an idea as to where they might be headed. Rosenberg, Gluskin Sheff’s chief economist and strategist, caused a bit of a stir recently when he was interviewed by Bloomberg TV Canada, where he predicted that Canada would lead the G7 nations in growth this year due to a weak loonie making domestic manufacturers much more competitive globally. Given that the loonie has gained on the greenback since then, that prediction may have to be tempered somewhat, but Canada’s recovery, although slow, has indeed stayed on course moving into the summer months.
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