News - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T06:29:25+00:00Monetary Policy Report Press Conference Opening Statement
https://www.bankofcanada.ca/2021/10/opening-statement-271021/
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.2021-10-27T11:00:04+00:00Monetary Policy Report Press Conference Opening Statement2021-10-27Tiff MacklemBank of Canada maintains policy rate and forward guidance, ends quantitative easing
https://www.bankofcanada.ca/2021/10/fad-press-release-2021-10-27/
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.2021-10-27T10:01:10+00:00enBank of Canada maintains policy rate and forward guidance, ends quantitative easing2021-10-27Monetary Policy Report – October 2021
https://www.bankofcanada.ca/2021/10/mpr-2021-10-27/
The Canadian economy is once again growing robustly, and the recovery from COVID-19 continues. The Bank is forecasting growth of around 5 percent in 2021, 4 ¼ percent in 2022 and 3 ¾ percent in 2023.2021-10-27T10:00:22+00:00enMonetary Policy Report – October 20212021-10-27Business Outlook Survey―Third Quarter of 2021
https://www.bankofcanada.ca/2021/10/business-outlook-survey-third-quarter-of-2021/
Firms anticipate stronger demand as pandemic conditions improve, according to results from the Business Outlook Survey in the third quarter of 2021. However, many businesses face supply constraints that will limit their sales and put upward pressure on their costs. Together, these demand pressures and supply challenges are driving widespread plans to invest, hire staff and increase prices.2021-10-18T10:30:35+00:00enBusiness Outlook Survey―Third Quarter of 20212021-10-18Canadian Survey of Consumer Expectations—Third Quarter of 2021
https://www.bankofcanada.ca/2021/10/canadian-survey-of-consumer-expectations-third-quarter-of-2021/
This survey took place in the third quarter of 2021, after most Canadians had been fully vaccinated against COVID-19 and as the Delta variant was beginning to spread more broadly in Canada. Results suggest that consumers plan to increase their spending significantly but remain cautious because of the Delta variant. Canadians think inflation will be higher in the near term due to supply disruptions, but they do not expect this situation to last. Although expectations for labour market conditions improved again, visible minorities, Indigenous people and people with disabilities are showing signs of vulnerabilities. Canadians are not expecting significant wage gains despite recent improvements in the labour market and perceptions of higher inflation.2021-10-18T10:29:00+00:00enCanadian Survey of Consumer Expectations—Third Quarter of 20212021-10-18Investing in global progress
https://www.bankofcanada.ca/2021/10/investing-in-global-progress/
Governor Tiff Macklem makes the case for greater cooperation to shape a stronger international monetary and financial system.2021-10-07T10:55:30+00:00Investing in global progress2021-10-07Tiff Macklem