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• April 21, 2021

  Monetary Policy Report – April 2021

  

  As the economy recovers from the COVID-19 pandemic, the Bank is forecasting growth of around 6 ½ percent this year, slowing to about 3 ¾ percent in 2022 and 3 ¼ percent in 2023.

  Content Type(s): Publications, Monetary Policy Report
• April 12, 2021

  Business Outlook Survey—Spring 2021

  Results from the spring Business Outlook Survey suggest that business sentiment continues to improve. Firms reported less uncertainty related to the COVID-19 pandemic and strengthening demand from weak levels. Still, the recovery remains uneven, with firms tied to high-contact services facing ongoing challenges.

  Content Type(s): Publications, Business Outlook Survey
• January 20, 2021

  Monetary Policy Report – January 2021

  

  While a second wave of COVID-19 is hurting Canadians now, the economy should rebound strongly later in the year. The Bank is forecasting growth of around 4 percent this year and close to 5 percent in 2022.

  Content Type(s): Publications, Monetary Policy Report
• January 11, 2021

  Business Outlook Survey—Winter 2020–21

  In the winter Business Outlook Survey, firms pointed to a continued recovery supported by strengthening domestic and foreign demand, particularly in goods-producing sectors. Still, firms expect the recovery to be uneven; in particular, businesses that have been hit hard by the pandemic anticipate challenging times ahead.

  Content Type(s): Publications, Business Outlook Survey