Bank of Canada: The Economy, Plain and Simple

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• What drives up the price of groceries
  Weather, energy prices, and labour and import costs all contribute to higher grocery prices […]
• What labour force participation tells us about the economy
  Labour force participation tells us how many people are active in the labour market and how many have dropped out of it. It is just one piece of a larger puzzle, but it is essential to understanding what is happening in the labour market overall. […]
• What you pay for at the pump
  Several factors help set gasoline prices: the costs of crude oil, refining, transporting, retailing and marketing gas, as well as taxes. […]
• How higher interest rates affect inflation
  When the Bank of Canada changes its policy interest rate, it affects every part of the economy – but that does not happen all at once. Learn more about how raising and lowering interest rates takes effect through the monetary policy transmission mechanism. […]
• Linking the chains
  The things we buy come out of complex production chains that span the globe. […]
• Canada’s regional economies
  Strength from diversity […]
• Household differences and why they matter
  Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy. […]
• Learning and earning
  The payoffs of higher education […]
• Our COVID-19 response: Large-scale asset purchases
  The Bank of Canada has taken many actions to support Canadians since the COVID-19 pandemic struck. These include large-scale asset purchases—buying a substantial amount of government bonds and other financial assets. Our purchases serve two purposes. They help key financial markets work properly, and they can help increase spending in the economy. This leads […]
• A road map to payment systems
  Your money on the move […]

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