For those wishing for a miracle...Hear me know and listen to me later, re-read my post from Sunday evening after all the hypesters jumped on board after the C-series announcement:
"The first of the CSeries are slated for delivery in 2013."
Traditionally, family run operations usually fail with the third generation, but the running down of said firm begins with the second generation.
The BOC and the Fed are not dealing with obvious inflation and the markets are responding. They are doing the ostrich thing as, 'maybe if we don't look at it will just go away.' By not dealing with it now they are just prolonging the pain to come.