Global Trade

Inflation hits a decade high

Inflation accelerated again in May, due mainly to “base effects” on gasoline prices which recovered from the plunge last spring. Higher prices for consumer goods, including cars, new homes and food also contributed to the strong inflation figure last month. Going forward, we expect strong consumer spending coupled with supply shortages will keep inflation hot for the rest of 2021.

Quick Take | 2-min read-min read
June 16, 2021
Focus Area— Canadian Economics

Pandemic Causing Widespread Disruption: Industry Lens

COVID-19 is challenging many Canadian industries in an unprecedented way. As businesses across the country try to adapt, our Industry Lens reports look deeply into the latest developments affecting Canadian industries.

Online experience | 2-min read
June 10, 2021
Focus Area— Canadian Economics

In 2020, Canada’s real exports plunged, as the global pandemic led to a collapse in demand from all of its major trading partners. The recovery in the global economy, attributable to the widespread distribution of vaccines and a reopening of economies, will help Canada’s exports rebound growth this year and in 2022.

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Impact paper | 24-min read
May 27, 2021
Focus Area— Canadian Economics