Non-Energy Exports Key to Second Half Rebound

The transcript discusses the Bank of Canada's concerns over a significant drop in exports during the second quarter, attributed to both oil production declines and non-energy export weaknesses. It highlights the need for a rebound in non-energy exports and capital spending, which were previously driven by large oil projects. The potential impact of fiscal stimulus and monetary policies on these sectors is considered, with expectations of increased investment activity and growth in non-energy exports in the latter half of the year.

What expectations are there for investment activity in the non-energy sector?

What are the anticipated trends for non-energy exports in the coming months?