Recent economic and financial developments
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Measuring household financial stress in Canada using consumer surveys
We use data from the Canadian Survey of Consumer Expectations to understand how households are coping with high inflation and high interest rates. We build a subjective measure of financial stress and find that the level of stress is at a historical high but remains manageable for most households. -
March 21, 2024
Getting to a new normal
Deputy Governor Toni Gravelle speaks about how the Bank of Canada will manage its balance sheet once quantitative tightening ends. -
March 21, 2024
Going back to normal: The Bank of Canada’s balance sheet after quantitative tightening
Deputy Governor Toni Gravelle provides an update on quantitative tightening and talks about how the Bank of Canada will manage its balance sheet once normalization ends.