DOESN’T SEE LESS GLOBAL USE OF U.S. DOLLAR STILL WATCHING THE CANADIAN DOLLAR CLOSELY GLOBAL PRIVATE DEMAND GROWTH NOT YET IMMINENT MARKETS STARTING TO DISCOUNT WORST-CASE SCENARIOS SEE SHARPLY LOWER PRODUCTIVITY GROWTH EXPECTS SUBDUED  U.S. REBOUND EMERGING MARKET DEMAND TO SUPPORT COMMODITIES STRESS ON CANADA HOUSEHOLD FINANCES…