Monetary Policy Report

July 15, 2020
Monetary Policy Report – July 2020

The Bank expects a sharp rebound in economic activity in the reopening phase of the recovery, followed by a more prolonged recuperation phase.
Content Type(s): Publications, Monetary Policy Report
April 15, 2020
Monetary Policy Report – April 2020

Canada’s economy faces two significant shocks—the plunge in global oil prices and the impact of the COVID-19 pandemic.
Content Type(s): Publications, Monetary Policy Report
January 22, 2020
Monetary Policy Report – January 2020

The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021.
Content Type(s): Publications, Monetary Policy Report
October 30, 2019
Monetary Policy Report – October 2019

The Bank projects that Canadian economy will grow by 1.5 percent this year, 1.7 percent in 2020 and 1.8 percent in 2021.
Content Type(s): Publications, Monetary Policy Report
July 10, 2019
Monetary Policy Report – July 2019

The Bank updated its forecast for real economic growth to 1.3 percent this year, 1.9 percent next year and 2.0 percent in 2021.
Content Type(s): Publications, Monetary Policy Report
April 24, 2019
Monetary Policy Report – April 2019

The Bank’s new forecast calls for real economic growth of 1.2 per cent this year, 2.1 per cent next year and 2.0 per cent in 2021.
Content Type(s): Publications, Monetary Policy Report
January 9, 2019
Monetary Policy Report – January 2019

The Bank projects that Canadian economic growth will slow to 1.7 per cent this year before rebounding to 2.1 per cent in 2020.
Content Type(s): Publications, Monetary Policy Report
October 24, 2018
Monetary Policy Report – October 2018

The Bank projects that the Canadian economy will continue to grow in line with its potential through 2020.
Content Type(s): Publications, Monetary Policy Report
July 11, 2018
Monetary Policy Report – July 2018

Real GDP in Canada is expected to grow by 2.0 per cent in 2018, 2.2 per cent in 2019 and 1.9 per cent in 2020.
Content Type(s): Publications, Monetary Policy Report
April 18, 2018
Monetary Policy Report – April 2018

The Bank’s new forecast calls for economic growth of 2.0 percent this year, 2.1 per cent in 2019 and 1.8 per cent in 2020.
Content Type(s): Publications, Monetary Policy Report