July 9, 2024
The Economy, Plain and Simple
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June 26, 2024
What labour force participation tells us about the economy
Labour force participation tells us how many people are active in the labour market and how many have dropped out of it. It is just one piece of a larger puzzle, but it is essential to understanding what is happening in the labour market overall. -
June 19, 2024
What you pay for at the pump
Several factors help set gasoline prices: the costs of crude oil, refining, transporting, retailing and marketing gas, as well as taxes. -
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. -
June 30, 2023
Linking the chains
The things we buy come out of complex production chains that span the globe. -
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July 4, 2022
Household differences and why they matter
Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy. -
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August 25, 2020
Our COVID-19 response: Large-scale asset purchases
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. -