November 27, 2024
The Economy, Plain and Simple
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August 27, 2024
How high productivity helps fight inflation
Higher productivity helps keep prices down and wages up. It gives workers more money to spend and increases the value they get when they spend it. And it allows businesses to weather cost increases without having to raise prices. All together, these factors drive economic growth. -
July 9, 2024
What drives up the price of groceries
Weather, energy prices, and labour and import costs all contribute to higher grocery prices -
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
Exploring global value and supply chains
The things we buy come out of complex production chains that span the globe. Understanding these connections is crucial for today's economies. -
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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. -
October 7, 2020
The payoffs of higher education
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.