iceberg2010 - The BOC's Carney has as... ...much an idea as you, I or the guy living in the cardboard box, down the street, what the stock market is going to look like in two or three quarters from now.
His job, as a top public servant, is not to cause panic and to massage bad news so that it doesn't look so negative, even if it is. His public announcements are based on what he knows today, not what the future may hold.
Keep an eye on the price of natgas. If it goes up, so will QEC. If it doesn't, QEC will go down. It's really quite simple, follow the price of the underlying commodity.