In this annual report, we explore the impact of moderating interest rates, labour scarcity and skill shortages, and currency pressures on Canada’s long-term monetary policy.
Amid beginning signs of optimism on the inflation front, how will factors such as softening housing markets, easing supply chains, and the vagaries of oil prices develop over the medium to long term, and what does this bode for overall recovery and growth? What are the ramifications of sticking with the Bank of Canada’s 2.0 per cent inflation target as we move forward?
Read the issue briefing to get our full analysis.
Key Findings
Overview
Inflation Over the Long Term
Canadian Dollar
Real Interest Rates
Inflation Targeting
Methodology
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