October 19, 2020
Publications
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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. -
August 28, 2020
Quarterly Financial Report - Second Quarter 2020
Quarterly Financial Report - Second Quarter 2020 - For the period ended June 30, 2020
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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. -
July 15, 2020
Monetary Policy Report – July 2020
The Bank expects a sharp rebound in economic activity in the reopening phase of the recovery, followed by a more prolonged recuperation phase. -
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July 6, 2020
Business Outlook Survey—Summer 2020
Results from the summer Business Outlook Survey suggest that business sentiment is strongly negative in all regions and sectors due to impacts from the COVID 19 pandemic and the drop in oil prices. Firms reported that weak demand is reducing both capacity pressures and expectations for price growth. -
July 6, 2020
Canadian Survey of Consumer Expectations—Second Quarter of 2020
The Canadian Survey of Consumer Expectations (CSCE) focuses on respondents’ views on inflation, the labour market and household finances. The survey for the second quarter of 2020 was conducted from May 11 to June 1, 2020. Given the ongoing pandemic, in this survey, specific questions were added about the impact on Canadians of COVID‑19 and the measures to contain the spread of the virus. -
June 30, 2020
Our COVID-19 response: Navigating diverse economic impacts
The pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen. -
June 29, 2020
Our COVID-19 response: Supporting operations
When the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system.