BoC on a Trump victory - Nomura

Analysts at Nomura looked at the Bank of Canada after the Trump victory.

Key Quotes:

"In the short term, the election of Donald Trump as US President has little impact on our Bank of Canada outlook, as the central bank remains focused on growth, especially exports.

However, given the possible impact on the economy from trade policies and the increased uncertainty, it raises slightly the likelihood that the BoC will need to provide further monetary easing in the medium term. The timing and magnitude of such actions would depend on the measures implemented in the US."