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Businesses’ expectations for the pace of economic activity over the next 12 months remain positive, although somewhat less so than in the winter survey.

Supplemental questions on the appreciation of the Canadian dollar - April 2004

Supplemental questions on the appreciation of the Canadian dollar - February 2004

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

Growth in the global economy has weakened since the January Monetary Policy Report Update, reflecting the effects of a sharp slowdown in the U.S. economy and ongoing dislocations in global financial markets. Growth in the Canadian economy has also moderated.

The Bank of Canada today released its July Monetary Policy Report Update. In it, the Bank described three major developments affecting the Canadian economy: protracted weakness in the U.S. economy, ongoing turbulence in global financial markets, and sharp increases in the prices of certain commodities, particularly energy.

In his first speech of 2019, Governor Stephen S. Poloz explains that monetary policy is a powerful tool to promote our economic welfare. But he also notes that it has some key limits that need to be better understood in the face of uncertainty.

This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.