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  2. How to be a faith-based leader in tough economic times, including recession. A one-week course on leadership through difficult economic circumstances

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  2. Jan 19, 2023 · There's a lot of talk about a possible recession coming in Canada. What do economists mean when they talk about a downturn, and how does it impact Canadians?

  3. Oct 31, 2023 · Canada's economy is showing clear signs of a slowdown, as after shrinking in June, the total value of all goods and services sold was essentially unchanged in July and August — and likely...

    • Introduction
    • Economic Update Since July
    • The Reinvestment Phase
    • Conclusion

    Thank you for the kind introduction. I am very pleased to be with you virtually in Montréal. My only regret is that I cannot be with you in person. For many of us, it has been a summer of reunions after many difficult months apart through this pandemic. I have family in Montréal, and I’m grateful I’ve been able to visit recently, but so far speakin...

    Let’s review economic developments since the July Monetary Policy Report(MPR) because it is progress toward recovery that guides adjustments to our QE purchases. Globally, the economic recovery continued through the second quarter, led by strong US growth. While global economic activity is showing solid momentum heading into the third quarter, supp...

    This brings me to the second part of my remarks today—our QE program and monetary policy for the recovery. The economic recovery we have experienced to date has allowed us to gradually reduce the pace of QE purchases from at least $5 billion a week to a target of $2 billion a week. At that pace, we are still adding stimulus—but at a slower rate. Wh...

    Let me conclude. The economic recuperation from the pandemic continues to be bumpy and uneven. Progress with vaccinations has allowed many of us to enjoy a return to more normal activities. This is supporting job gains and economic growth, particularly in the sectors that have been hit hardest by the pandemic. And we continue to expect strong growt...

  4. Oct 27, 2021 · Overview. The pace of the economic recovery slowed during the first half of 2021 as supply chain disruptions and third wave restrictions weighed on activity. Consumer prices rose steadily during the first half, as gasoline, shelter, and durables put upward pressure on headline inflation.

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  5. Mar 24, 2021 · 2021-04-20. This article highlights changes in the pace of the economic recovery as tighter COVID-19 containment measures came into effect in late 2020 and early 2021. It provides an integrated analysis of recent changes in output, household spending, business investment, and international trade.

  6. Dec 9, 2021 · With high vaccination rates and a broad reopening of the economy, we are well down the road to a full recovery. But we are still feeling the impacts of the pandemic. We have never shut down and reopened an economy before, which makes this recovery unique and complex.

  7. Feb 29, 2024 · The Canadian economy continues to beat recession fears, posting modest growth in the fourth quarter even as high interest rates weighed on consumers and businesses.

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