The Economy, Plain and Simple

• June 19, 2024

  What you pay for at the pump

  

  Kun Mo

  Several factors help set gasoline prices: the costs of crude oil, refining, transporting, retailing and marketing gas, as well as taxes.

  Content Type(s): Publications, The Economy, Plain and Simple
• December 21, 2023

  How higher interest rates affect inflation

  

  When the Bank of Canada changes its policy interest rate, it affects every part of the economy – but that does not happen all at once. Learn more about how raising and lowering interest rates takes effect through the monetary policy transmission mechanism.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
• June 30, 2023

  Exploring global value and supply chains

  

  Patrick Alexander, Chris D'Souza, Yuko Imura, Lena Suchanek

  The things we buy come out of complex production chains that span the globe. Understanding these connections is crucial for today's economies.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Currency, Digital currency, Financial system, Financial markets, Fintech, Monetary policy, Economy/Economic growth
• June 30, 2023

  Canada’s regional economies

  

  David Amirault, Matthieu Verstraete, Sarah Miller

  Strength from diversity

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth
• July 4, 2022

  Household differences and why they matter

  Sharon Kozicki

  Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
• October 7, 2020

  The payoffs of higher education

  

  Youngmin Park, Gabriela Galassi, Natalia Kyui

  More education typically leads to higher pay, but as more people become educated, wages can decrease. Your education choices significantly affect your future earning potential.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
• August 25, 2020

  Our COVID-19 response: Large-scale asset purchases

  Paul Beaudry

  The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads to more employment and stronger economic growth.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation targeting framework
• July 6, 2020

  A road map to payment systems

  

  Paul Miller, Ariel Olivares

  Your money on the move

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Currency, Digital currency, Financial system, Financial stability, Fintech
• June 30, 2020

  Our COVID-19 response: Navigating diverse economic impacts

  Lawrence L. Schembri

  The pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
• June 29, 2020

  Our COVID-19 response: Supporting operations

  Filipe Dinis

  When the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system.

  Content Type(s): Publications, The Economy, Plain and Simple Subject(s): Financial system, Financial markets, Financial stability