Economic Analysis

COVID-19 

This monitor provides daily updates on the evolution of COVID-19 in selected countries using data available as of 8:00am EDT. We also compare the transmission of COVID-19 with that of other pandemics and offer an update of our financial conditions index for Canada.

• Daily Monitor

The policy update, for its part, offers an overview of the monetary and fiscal measures implemented by central banks and governments around the world to mitigate the economic effects of the virus.

• Policy Update

Canadian Economic News

Weekly Economic Watch

The Weekly Economic Watch offers a commentary on developments in the economic environment as depicted by economic indicators released during the week and on indicators to be published in the upcoming week. Trends in a wide range of international, national and provincial economic and financial indicators are also presented.

• Current issue

• Economic Tables

Monthly Monitors

Each month, the World economic outlook, in particular the North-American context, is reassessed. It also includes forecasts for the major economic and financial variables.

Monetary Policy Monitors

Benchmark Reform Update

This monitor provides a comprehensive picture of the past, present and future issues surrounding the LIBOR transition and broader benchmark reform underway across international financial markets.

• Update

Hot Charts

• Canada: Household formation set to rebound in 2021
• Canada: Unprecedented positive wealth effect during the pandemic
• S&P 500: The eight longest rally in six decades
• Canada : Are consumers ready to stand on their own feet?
• Canada: Do GDP misses still matter for the CAD?
• Canada: Why is the CAD so weak despite a current account surplus?
• Canada: Retail & recreation mobility back to pre-pandemic level
• Canada: Are income support programs holding back the recovery?
• Canada: Terms of trade still look good so far in Q3
• World: Israel offers a cautionary tale
• U.S.: Depleted inventories and consumers willing to spend

Special Reports

An analysis on a current economic or financial topic.

• (2021/08/17) Debt servicing costs
• (2021/08/13) In Focus - Ballot Ballet: A 2021 federal election primer in four acts
• (2021/04/30) Has the BoC disavowed its own core inflation measures?
• (2020/07/24) Canadian Labour Market: Devils in the details
• (2020/06/29)  Is a second lockdown inevitable?
• (2020/06/01) Canada’s official reserves: Time for a review
• (2020/05/27) Is Canadian residential real estate teetering on the brink?
• How brain gain sustains the Canadian housing market
• Quebec should resist the temptation of procyclical budgeting
• Fixed Income: The ECB contemplates further monetary policy easing
• New NBF Financial Stress Index does not suggest BoC rate cut
• Presentation to the Canadian Economic Club – January 9, 2019

Budgets and Financial Updates

Geopolitical Briefing

• Will Afghanistan reshape the global and U.S. political landscape?
• Will China-U.S. tensions reverse the trend of ever-greater financial ties?
• Will the leftward tilt of Chile and Peru hurt copper production?
• The monumental challenge of trying to hit climate targets
• Biden will be forced to scale-back plans for additional spending in 2021
• Could China’s digital currency challenge the greenback?
• China and the United States continue their pursuit of greater technological self-sufficiency
• Is a carbon border tax inevitable?
• Taiwan’s semiconductor sector on the front line of great power rivalry
• What a unified Democrat government could accomplish

Market View

• Will Canadians make Trudeau pay for red-hot inflation?
• Now that’s a term out
• British Columbia’s ‘interest bite’ more like a ‘nibble'
• What’s desired balance for Canada’s potential balance of power?
• Muni musings
• Slack remains, but jobs recovery looks “strong and durable”
• Don't stress, reinvest!
• Counting platform pennies (trillions and trillions of them)
• Gauges of wages
• Kenney vs. Trudeau: Fiscal divergence on full display