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Uneven recovery: Provincial Outlook, Summer 2020

Outlook for Saskatchewan and New Brunswick now available. As COVID-19 spread throughout the world, countries mandated lockdowns to slow the transmission of the disease—economic activity ground to a halt. The pandemic-led shutdown in Canada produced a deep and synchronized impact on economic activity across all provinces in March and April.

Impact paper  |  25-min read
Focus Area—Canadian Economics

Inflation stalled at 0.1 per cent due to suppressed oil prices and weak demand for travel

Inflation inched up 0.1 per cent in August, matching its growth in the previous month. Suppressed oil prices and muted growth of transportation and other tourism-related prices were the main downward contributors to last month’s Consumer Price Index.

Quick take  |  2-min read
Focus Area—Canadian Economics

Bridging Generational Divides: Advancing Digital Skills in Canada’s Apprenticeships and Skilled Trades Ecosystem

Tradespeople will need a range of new digital skills to keep pace with the future of work and to thrive in digitally connected workplaces. They will need them to operate computerized equipment, access blueprints on digital devices, and use digital diagnostic tools, among other tasks.

Impact paper  |  30-min read
Focus Area—Education & Skills

Bank of Canada holds rate steady, continues quantitative easing program

Today, the Bank of Canada held its policy interest rate steady and announced that it will continue with its quantitative easing program. With core inflation below its target and economic activity still well below pre-pandemic levels, today’s announcement was expected.

Quick take  |  2-min read
Focus Area—Canadian Economics