the slowdown in the fourth quarter was sharper and more broadly based. Consumer spending and the housing market were soft, despite strong growth in employment and labour income. Both exports and business investment also fell short of expectations. After growing at a pace of 1.8 per cent in 2018, it now appears that the economy will be weaker in the first half of 2019 than the Bank projected in January." Subsequent attempts higher stalled at 1.3468 on Thursday and 1.3466 on Friday. Canadian employment data surprised to the upside of the 2nd consecutive month while U.S. headline jobs data missed sharply. USDCAD dropped to 1.3390 and closed the week near 1.3400.