In this note, we present the annual update of the Bank of Canada staff estimates for growth of global potential output. These estimates served as key inputs to the April 2025 Monetary Policy Report ...

This note presents Bank of Canada staff’s current assessment of the US and Canadian neutral rates of interest. The neutral rate is where the Bank expects the policy rate would settle once output is at ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

As the Bank of Canada assesses whether inflation is firmly on the path back to the Bank’s 2% target, corporate pricing behaviour has been identified as a key issue. Using rich data on thousands of ...

We analyze micro-level data from the Canadian Survey of Consumer Expectations through the lens of a heterogeneous-expectations model to study how inflation expectations form over the business cycle.