Publications

• July 5, 2021

  Business Outlook Survey—Summer 2021

  Results from the summer Business Outlook Survey point to continued improvement in business sentiment. Firms tied to high-contact services still face challenges but are becoming more confident that sales will pick up as vaccination rates rise. This suggests an important broadening in the recovery ahead.

  Content Type(s): Publications, Business Outlook Survey
• July 5, 2021

  Canadian Survey of Consumer Expectations—Second Quarter of 2021

  This survey took place during the third wave of the COVID‑19 pandemic and coincided with the acceleration of vaccination efforts. Like the previous four surveys, this survey included questions on the impact of COVID‑19 and the measures to contain its spread. This survey also asked respondents how they are planning to use the extra savings they may have accumulated during the pandemic.

  Content Type(s): Publications, Canadian Survey of Consumer Expectations
• May 21, 2021

  Monitoring payment deferrals during the COVID-19 pandemic—update, March 2021

  Geneviève Vallée

  In the initial stages of the COVID-19 pandemic, Canada’s financial institutions allowed households to defer payments on a range of loans. With most of these deferrals having expired, we present updated details of how these loans have performed through to March 2021.

  Content Type(s): Publications, Financial System Hub articles Topic(s): Coronavirus disease (COVID-19), Credit and credit aggregates
• May 21, 2021

  Quarterly Financial Report - First Quarter 2021

  Quarterly Financial Report - First Quarter 2021 - For the period ended March 31, 2021

  Content Type(s): Publications, Quarterly Financial Report
• May 20, 2021

  Financial System Review Summary—2021

  

  Tiff Macklem, Timothy Lane, Lawrence L. Schembri, Paul Beaudry, Toni Gravelle

  The Canadian financial system proved resilient during the COVID-19 pandemic—thanks to strong risk management and unprecedented fiscal and monetary policy support.

  Content Type(s): Publications, Financial Stability Report
• May 20, 2021

  Financial System Review—2021

  

  A stable and efficient financial system is essential for sustaining economic growth and raising living standards. In our Financial System Review, we identify the main vulnerabilities and risks in the financial system in Canada and explain how they have evolved over the past year.

  Content Type(s): Publications, Financial Stability Report
• May 17, 2021

  Financial System Survey highlights—Spring 2021

  This article presents the key results from the spring 2021 Bank of Canada Financial System Survey, conducted from February 22 to March 12, 2021. The survey included a special section on commercial real estate.

  Content Type(s): Publications, Financial System Survey
• April 22, 2021

  Annual Report 2020

  

  The Annual Report outlines the Bank’s activities and achievements in 2020. It includes the financial statements and a message from Governor Tiff Macklem.

  Content Type(s): Publications, Annual Report
• April 21, 2021

  Monetary Policy Report – April 2021

  

  As the economy recovers from the COVID-19 pandemic, the Bank is forecasting growth of around 6 ½ percent this year, slowing to about 3 ¾ percent in 2022 and 3 ¼ percent in 2023.

  Content Type(s): Publications, Monetary Policy Report
• April 12, 2021

  Business Outlook Survey—Spring 2021

  Results from the spring Business Outlook Survey suggest that business sentiment continues to improve. Firms reported less uncertainty related to the COVID-19 pandemic and strengthening demand from weak levels. Still, the recovery remains uneven, with firms tied to high-contact services facing ongoing challenges.

  Content Type(s): Publications, Business Outlook Survey