Canada Economics Weekly

Bank unconcerned about inflation outlook

The communications from the Bank of Canada this week confirmed that it is not worried about inflation surpassing its forecasts for this year, and that it remains committed to keeping the policy rate unchanged until economic slack is fully absorbed.

11 June 2021

Canada Economics Update

Bank likely to taper purchases again in July

The Bank did not provide any new hints about the direction of policy in its statement today but, with GDP likely to start growing strongly again this month as the coronavirus restrictions are lifted, we expect the Bank to cut the weekly pace of its asset purchases to $2bn at the next meeting in July.

9 June 2021

Canada Data Response

International Trade (Apr.)

The global semiconductor shortage weighed heavily on exports and imports of motor vehicles in April and this disruption continued in May. While exports elsewhere performed better, the broad-based weakness of imports confirms that domestic demand weakened at the start of the second quarter.

8 June 2021

Latest Research

Canada Economics Weekly

Elevated residential investment may concern the Bank

4 June 2021

Canada Data Response

Labour Force Survey (May)

4 June 2021

Bank of Canada Watch

Bank to wait until July before tapering again

2 June 2021

Canada Data Response

GDP (Q1)

1 June 2021

Canada Economics Weekly

Hot economy summer

28 May 2021

Canada Chart Book

Upside risks to inflation as the economy re-opens

27 May 2021
See All →