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KEY ISSUES Economic Outlook: Strong private consumption and residential investment helped Canada recover quickly from the last recession but left a legacy of elevated household debt and high house valuations. The transition to more balanced economic growth, with stronger contribution from...
Persistent link: https://www.econbiz.de/10014411286
KEY ISSUES Economic outlook: The Canadian economy has expanded at a solid pace since 2013, but rebalancing of growth away from household consumption and residential investment remains incomplete, owing mainly to weak business investment. Growth momentum is expected to continue alongside a...
Persistent link: https://www.econbiz.de/10014411908
This Selected Issues paper assesses Canada's post-crisis export performance of non-energy products using model-based benchmarks. Specifically, the analysis explores whether the pre-crisis relationship between Canada's non-energy exports and their determinants still holds in the post-crisis...
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British Columbia (BC) is committed to transitioning to a low-carbon energy system to meet its CO2 emission reduction targets, but this shift towards renewable energy sources may have significant implications for land use. This paper investigates the land-use impacts of different electrification...
Persistent link: https://www.econbiz.de/10015060830
Canada has come through the pandemic relatively well and, as a commodity exporter, has been hit less hard than many other countries have been by Russia's war on Ukraine. Nonetheless, inflation is well above target, housing affordability is a major concern following a long boom that may now have...
Persistent link: https://www.econbiz.de/10015059927
This paper presents the first set of borrowing agreements that have been finalized as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust (PRGT). All agreements...
Persistent link: https://www.econbiz.de/10015059982