Tag: 2021

Monetary Policy Report – July 2021

As the economy reopens after the third wave of COVID-19, growth should rebound strongly. The Bank is forecasting growth of about 6 percent this year, slowing to about 4 ½ percent in 2022 and 3 ¼ percent in 2023. [embedded content] What you need to know about the Bank of Canada’s assessment of the Canadian economy. News –…

Canadian Survey of Consumer Expectations—Second Quarter of 2021

Consumers expect a temporary rise in inflation Short-term inflation expectations have responded to the recent rise in inflation, but consumers expect this increase to be temporary. Expectations for inflation one year from now have increased, but medium-term expectations have not reacted to the recent increase in inflation, and long-term expectations have fallen (Chart 3)., ,  Most respondents…

Business Outlook Survey—Summer 2021

An excess supply of labour remains At the time of the survey substantial excess capacity remained among businesses hit hard by the pandemic, even while reports of capacity pressures reached their highest level on record (Chart 3). Many firms said that labour-related constraints would cause some or significant difficulties in meeting an unexpected increase in future…

13 of the week’s best long reads from the Star, June 19-25, 2021

From the horror of residential schools to the plight of garment workers, we’ve selected some of the best long reads of the week on thestar.com. Want to dive into more long features? Sign up for the Weekend Long Reads newsletter to get them delivered to your inbox every Saturday morning. 1. ‘We will not stop…