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October 18, 2021

Business Outlook Survey―Third Quarter of 2021

Firms anticipate stronger demand as pandemic conditions improve, according to results from the Business Outlook Survey in the third quarter of 2021. However, many businesses face supply constraints that will limit their sales and put upward pressure on their costs. Together, these demand pressures and supply challenges are driving widespread plans to invest, hire staff and increase prices.
October 18, 2021

Canadian Survey of Consumer Expectations—Third Quarter of 2021

This survey took place in the third quarter of 2021, after most Canadians had been fully vaccinated against COVID-19 and as the Delta variant was beginning to spread more broadly in Canada. Results suggest that consumers plan to increase their spending significantly but remain cautious because of the Delta variant. Canadians think inflation will be higher in the near term due to supply disruptions, but they do not expect this situation to last. Although expectations for labour market conditions improved again, visible minorities, Indigenous people and people with disabilities are showing signs of vulnerabilities. Canadians are not expecting significant wage gains despite recent improvements in the labour market and perceptions of higher inflation.
October 7, 2021

Investing in global progress

Speech summary Tiff Macklem Council on Foreign Relations Washington, D.C.
Governor Tiff Macklem makes the case for greater cooperation to shape a stronger international monetary and financial system.
September 9, 2021

Monetary policy as the recovery progresses

Speech summary Tiff Macklem Fédération des chambres de commerce du Québec Montréal, Quebec
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary policy once the economy needs less support.
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