Potential output and the neutral rate in Canada: 2022 reassessment

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We expect potential output growth to be lower in 2021 than anticipated in the April 2021 assessment. By 2025, growth is expected to reach 2.3%. We assess that the Canadian nominal neutral rate increased slightly to lie in the range of 2.00% to 3.00%.

DOI: https://doi.org/10.34989/san-2022-3