June 26, 2024 What labour force participation tells us about the economy Labour force participation tells us how many people are active in the labour market and how many have dropped out of it. It is just one piece of a larger puzzle, but it is essential to understanding what is happening in the labour market overall. Content Type(s): Publications, The Economy, Plain and Simple
June 19, 2024 What you pay for at the pump Kun Mo Several factors help set gasoline prices: the costs of crude oil, refining, transporting, retailing and marketing gas, as well as taxes. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Exchange rates, Inflation and prices, Market structure and pricing
December 21, 2023 How higher interest rates affect inflation When the Bank of Canada changes its policy interest rate, it affects every part of the economy – but that does not happen all at once. Learn more about how raising and lowering interest rates takes effect through the monetary policy transmission mechanism. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Inflation and prices, Inflation targets, Interest rates, Monetary policy, Monetary policy framework, Monetary policy transmission
June 30, 2023 Linking the chains Patrick Alexander, Chris D'Souza, Yuko Imura, Lena Suchanek The things we buy come out of complex production chains that span the globe. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Business fluctuations and cycles, Firm dynamics, International topics, Trade integration
June 30, 2023 Canada’s regional economies David Amirault, Matthieu Verstraete, Sarah Miller Strength from diversity Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Business fluctuations and cycles, Labour markets, Regional economic developments, Trade integration
July 4, 2022 Household differences and why they matter Sharon Kozicki Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Economic models, Housing, Inflation and prices, Labour markets, Monetary policy, Monetary policy framework, Recent economic and financial developments
October 7, 2020 Learning and earning Youngmin Park, Gabriela Galassi, Natalia Kyui The payoffs of higher education Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Labour markets, Potential output, Productivity
August 25, 2020 Our COVID-19 response: Large-scale asset purchases Paul Beaudry 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. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19), Debt management, Financial markets, Financial stability, Inflation and prices, Interest rates, Market structure and pricing, Monetary policy, Monetary policy transmission
July 6, 2020 A road map to payment systems Paul Miller, Ariel Olivares Your money on the move Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Payment clearing and settlement systems
June 30, 2020 Our COVID-19 response: Navigating diverse economic impacts Lawrence L. Schembri 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. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)