April 15, 2020
Monetary Policy Report – April 2020
Canada’s economy faces two significant shocks—the plunge in global oil prices and the impact of the COVID-19 pandemic.
A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.
Receive notification by email whenever new reports are added to the website.
Latest Monetary Policy Reports
January 22, 2020
Monetary Policy Report – January 2020
The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021.
Content Type(s):
Publications,
Monetary Policy Report
October 30, 2019
Monetary Policy Report – October 2019
The Bank projects that Canadian economy will grow by 1.5 percent this year, 1.7 percent in 2020 and 1.8 percent in 2021.
Content Type(s):
Publications,
Monetary Policy Report
July 10, 2019
Monetary Policy Report – July 2019
The Bank updated its forecast for real economic growth to 1.3 percent this year, 1.9 percent next year and 2.0 percent in 2021.
Content Type(s):
Publications,
Monetary Policy Report
April 24, 2019
Monetary Policy Report – April 2019
The Bank’s new forecast calls for real economic growth of 1.2 per cent this year, 2.1 per cent next year and 2.0 per cent in 2021.
Content Type(s):
Publications,
Monetary Policy Report
January 9, 2019
Monetary Policy Report – January 2019
The Bank projects that Canadian economic growth will slow to 1.7 per cent this year before rebounding to 2.1 per cent in 2020.
Content Type(s):
Publications,
Monetary Policy Report
October 24, 2018
Monetary Policy Report – October 2018
The Bank projects that the Canadian economy will continue to grow in line with its potential through 2020.
Content Type(s):
Publications,
Monetary Policy Report
July 11, 2018
Monetary Policy Report – July 2018
Real GDP in Canada is expected to grow by 2.0 per cent in 2018, 2.2 per cent in 2019 and 1.9 per cent in 2020.
Content Type(s):
Publications,
Monetary Policy Report
April 18, 2018
Monetary Policy Report – April 2018
The Bank’s new forecast calls for economic growth of 2.0 percent this year, 2.1 per cent in 2019 and 1.8 per cent in 2020.
Content Type(s):
Publications,
Monetary Policy Report
January 17, 2018
Monetary Policy Report – January 2018
Growth in the Canadian economy is projected to slow from 3 per cent in 2017 to 2.2 per cent this year and 1.6 per cent in 2019.
Content Type(s):
Publications,
Monetary Policy Report