So the more critical issue is how this is going to affect exports and tourism, which recently had been quite hot. Autos, parts and transports could be dampened most given their FX market sensitivity.The CAD soared 1.3 per cent the day the BoC moved, which, under the old Monetary Conditions Index which the Bank used to advertise in the 1990s, is equivalent to 43 basis points of tightening! Since Carolyn Wilkins speech on June 12th, which caused the sudden reassessment of Canadian monetary policy, the loonie has appreciated 4.5 per cent that is a whopper of a 150 basis points in tightening right there, and in barely more than a month!I found it equally fascinating that even with a 25 basis point hike in the overnight rate, a 7 basis point jump in the 2 year GoC yield, and a 5 basis point increase in the 5 year part of the curve, that the long bond yield (30 year) would actually dip 1 basis point.The truth is always at the back end of the curve, and it is apparently not buying into this view that the decline in inflation this year was due to a bunch of one off factors, as the Bank cited in the press statement (autos, electricity in Ontario, food price wars). Imagine what the CAD is going to do to imported auto and food prices going forward too! But our work shows that even excluding these factors, inflation is running at 1.5 per cent which is still far below the BoC target.
The Raptors have players from eight different countries on their roster (none from Canada, mind you). Jazz players represent seven different countries.Toronto’s coach, an American from Indiana, loves it.”I don’t care if a guy’s from the moon or Mars or whatever; if he can play and he’s going to give it to the organization and to the team, bring him on,” Casey said. “That’s what our front office has done scrounge the world.”Wright, the former University of Utah star, admitted he used to struggle with Poeltl’s first and last names.The hardest name on the Raptors?”Probably OG,” Wright said after practice Thursday.
Since overseas employees can view footwear designs online, they may not need to see as many physical shoe samples, Young says, which can also help cut development time and costs. Those anecdotal testimonials are impressive. But Nike’s CIO, Ken Harris, has pushed GPIN’s team to put some hard numbers around those anecdoteshat is, to measure how much GPIN has helped to reduce cycle time, to improve collaboration earlier in the process, to cut sample costs, and then to measure whether Nike has gotten any benefit from those changes.