A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.
Over the last six months, most countries have continued to register strong economic growth.
Information received since the last Monetary Policy Report continues to show solid economic growth in the United States, Europe, and the emerging markets.
The global economy has shown greater strength than was anticipated at the time of the November Report.
Information received since the last Monetary Policy Report, released on 17 November, points to a stronger pace of economic expansion in the United States and Europe than was expected at that time, and confirms the hesitant nature of the recovery in Japan.
