David Cockfield Quotes – Quotes By David Cockfield
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It is not a good thing for the exchange or the investors. It is lost business for TMX and lost credibility. It makes investors look elsewhere.
—David Cockfield
If the price of oil gets back into the $ 50-60 range, then at least you’re going to see some of the guys that are in trouble be able to sell properties. I think that will encourage the guys with money in their pockets to step up, but we may not see that until 2017. These are lingering problems.
—David Cockfield
I believe it will get worse before it gets better. I think they’re going to have to continue to make provisions in the next quarter. Even oil prices moving back into the $50 level isn’t going to float all the guys that have difficulties right now.
—David Cockfield
I am positive on the banks. Their oil and gas exposure is not huge and their loan experience has not been that bad, if oil is still at $40 six months from now, I would definitely become more concerned.
—David Cockfield
If anybody thought it was somehow going to get approved, boy, I don’t know what planet they were on.
—David Cockfield
This market has done this before. You really don’t have to have a major reason – once the selling starts, it accelerates. And the buying is the same, it’s volatility and a tendency for people trying to follow the market rather than just invest … they jumped all over the mining stocks.
—David Cockfield
This may be only the tip of the iceberg. You’re going to see this continue and develop.
—David Cockfield
I just don’t see a huge impact, it’s probably wise on their part to do that if they want to keep (their economic growth) at 5 or 6 percent.
—David Cockfield
China’s probably going to have a 5 or 6 percent growth rate. It’s a managed economy. It’s not your free enterprise economy, and they will get their growth one way or another, i just don’t see a huge impact.
—David Cockfield
China’s probably going to have a 5 or 6 percent growth rate. It’s a managed economy. It’s not your free enterprise economy, and they will get their growth one way or another, i just don’t see a huge impact. It’s too far away … It’s probably wise on their part to do that if they want to keep (their economic growth) at 5 or 6 percent.
—David Cockfield