January 17, 2022
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January 17, 2022
This survey took place in November 2021 before the Omicron variant of COVID-19 began spreading broadly in Canada. In December, the number of COVID-19 cases rose dramatically and governments began to reimpose containment measures. Many Canadians think inflation will be high over the next two years because of supply disruptions caused by the pandemic. They are more concerned about inflation now than they were before the pandemic and believe it has become more difficult to control. However, near-term inflation expectations are not feeding into expectations for wage growth or longer-term inflation. Showing confidence in the labour market, workers are more likely than ever to want to change jobs.
Canadian Survey of Consumer Expectations—Fourth Quarter of 2021
Content Type(s):
Publications,
Canadian Survey of Consumer Expectations
January 14, 2022
Ensuring the stability and efficiency of the financial system is a key part of our work at the Bank of Canada. This includes analyzing structural changes that affect the economy—like climate change. These changes could increase vulnerabilities to the financial system.
Assessing climate change risks to our financial system
Content Type(s):
Publications,
Financial System Hub articles
November 22, 2021
This article presents the key results from the autumn 2021 Bank of Canada Financial System Survey, conducted between September 7 and September 24, 2021. The survey included a special section on the implications of low interest rates on strategies and risks.
Financial System Survey highlights—Autumn 2021
Content Type(s):
Publications,
Financial System Survey
November 8, 2021
Quarterly Financial Report - Third Quarter 2021 - For the period ended September 30, 2021
Quarterly Financial Report - Third Quarter 2021
Content Type(s):
Publications,
Quarterly Financial Report
October 27, 2021
The Canadian economy is once again growing robustly, and the recovery from COVID-19 continues. The Bank is forecasting growth of around 5 percent in 2021, 4 ¼ percent in 2022 and 3 ¾ percent in 2023.
Monetary Policy Report – October 2021
Content Type(s):
Publications,
Monetary Policy Report
October 18, 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.
Business Outlook Survey―Third Quarter of 2021
Content Type(s):
Publications,
Business Outlook Survey
October 18, 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.
Canadian Survey of Consumer Expectations—Third Quarter of 2021
Content Type(s):
Publications,
Canadian Survey of Consumer Expectations
September 24, 2021
Monitoring payment deferrals during the COVID-19 pandemic—update, July 2021
In the initial stages of the COVID-19 pandemic, Canada’s financial institutions allowed households to defer payments on a range of loans. With nearly all of these deferrals having expired, we provide a final update of how these loans have performed through to July 2021.
Content Type(s):
Publications,
Financial System Hub articles
Topic(s):
Coronavirus disease (COVID-19),
Credit and credit aggregates
August 19, 2021
Quarterly Financial Report - Second Quarter 2021 - For the period ended June 30, 2021
Quarterly Financial Report - Second Quarter 2021
Content Type(s):
Publications,
Quarterly Financial Report