Monetary Policy Report

April 18, 2012
Monetary Policy Report – April 2012

The Bank projects the Canadian economy will grow by 2.4 per cent in 2012 and 2013 before moderating to 2.2 per cent in 2014. The economy is now expected to return to full capacity in the first half of 2013.
Content Type(s): Publications, Monetary Policy Report
January 18, 2012
Monetary Policy Report – January 2012

The Canadian economy is estimated to have grown by 2.4 per cent in 2011, and is projected to grow by 2.0 per cent in 2012, and 2.8 per cent in 2013, returning to full capacity by the third quarter of 2013. Total CPI inflation is expected to return to the 2 per cent target by the 3rd quarter of 2013.
Content Type(s): Publications, Monetary Policy Report
October 26, 2011
Monetary Policy Report – October 2011

The Bank projects that the economy will expand by 2.1 per cent in 2011, 1.9 per cent in 2012 and 2.9 per cent in 2013. Total CPI inflation is expected to trough around 1 per cent by the middle of 2012.
Content Type(s): Publications, Monetary Policy Report
July 20, 2011
Monetary Policy Report – July 2011

The Canadian economy is projected to expand by 2.8 per cent in 2011, 2.6 per cent in 2012, and 2.1 per cent in 2013, returning to capacity in the middle of 2012. Total CPI inflation is expected to return to the 2 per cent target by the middle of 2012.
Content Type(s): Publications, Monetary Policy Report
April 13, 2011
Monetary Policy Report – April 2011

This is a report of the Governing Council of the Bank of Canada: Mark Carney, Tiff Macklem, John Murray, Timothy Lane, Jean Boivin and Agathe Côté. It presents the Bank’s outlook based on data received up to 8 April 2011.
Content Type(s): Publications, Monetary Policy Report
January 19, 2011
Monetary Policy Report – January 2011

This is a report of the Governing Council of the Bank of Canada: Mark Carney, Tiff Macklem, John Murray, Timothy Lane, Jean Boivin and Agathe Côté. It presents the Bank’s outlook based on data received up to 14 January 2011.
Content Type(s): Publications, Monetary Policy Report
October 20, 2010
Monetary Policy Report – October 2010

The global economic recovery is entering a new phase. In advanced economies, temporary factors supporting growth in 2010 - such as the inventory cycle and pent-up demand - have largely run their course and fiscal stimulus will shift to fiscal consolidation over the projection horizon.
Content Type(s): Publications, Monetary Policy Report
July 22, 2010
Monetary Policy Report – July 2010

The global economic recovery is proceeding but is not yet self-sustaining. Greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April.
Content Type(s): Publications, Monetary Policy Report
April 22, 2010
Monetary Policy Report – April 2010

Global economic growth has been somewhat stronger than projected, with momentum in emerging-market economies increasing noticeably.
Content Type(s): Publications, Monetary Policy Report
January 21, 2010
Monetary Policy Report – January 2010

The global economic recovery is under way, supported by continued improvements in fi nancial conditions and stronger domestic demand growth in many emerging-market economies.
Content Type(s): Publications, Monetary Policy Report