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9255 Results

The COVID-19 Consumption Game-Changer: Evidence from a Large-Scale Multi-Country Survey

A multi-country consumer survey investigates why and how much households decreased their consumption in five key sectors after pandemic-related restrictions were lifted in Europe in July 2020. Beyond infection risk and precautionary saving motives, households also reported not missing some consumption items, which may indicate preference shifts and structural changes in the post-COVID-19 economy.
November 16, 2021

Labour market uncertainties and monetary policy

Remarks (delivered virtually) Lawrence L. Schembri Canadian Association for Business Economics Toronto, Ontario
Deputy Governor Lawrence Schembri talks about changes to the labour market, and how the pandemic affected Canadian workers. He also discusses how the Bank is adapting labour market analysis tools to help guide monetary policy decisions that will support a more inclusive recovery.
November 16, 2021

Speech: Canadian Association for Business Economics (CABE)

Labour market uncertainties and monetary policy — Deputy Governor Lawrence Schembri speaks by videoconference (12:00 (ET) approx.).

November 16, 2021

Measuring changes to the labour market

Speech summary Lawrence L. Schembri Canadian Association for Business Economics Toronto, Ontario
Deputy Governor Lawrence Schembri discusses how the Canadian labour market has changed during the pandemic. He explains why better tools to measure the health of the job market will help the Bank of Canada set monetary policy that supports the recovery.

Updated Methodology for Assigning Credit Ratings to Sovereigns

We update the Bank of Canada’s credit rating methodology for sovereigns, including our approach to assessing their fiscal position and monetary policy flexibility. We also explicitly consider climate-related factors.
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