July 30, 2020
News
-
-
July 15, 2020
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. -
July 15, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. -
July 15, 2020
Monetary Policy Report – July 2020
The Bank expects a sharp rebound in economic activity in the reopening phase of the recovery, followed by a more prolonged recuperation phase. -
-
July 6, 2020
Business Outlook Survey—Summer 2020
Results from the summer Business Outlook Survey suggest that business sentiment is strongly negative in all regions and sectors due to impacts from the COVID 19 pandemic and the drop in oil prices. Firms reported that weak demand is reducing both capacity pressures and expectations for price growth. -
July 6, 2020
Canadian Survey of Consumer Expectations—Second Quarter of 2020
The Canadian Survey of Consumer Expectations (CSCE) focuses on respondents’ views on inflation, the labour market and household finances. The survey for the second quarter of 2020 was conducted from May 11 to June 1, 2020. Given the ongoing pandemic, in this survey, specific questions were added about the impact on Canadians of COVID‑19 and the measures to contain the spread of the virus. -