The Canadian economy won’t return to its prepandemic performance for at least three more years, according to the Bank of Canada’s most recent "Monetary Policy Report." It concludes there's slack in the Canadian economy and the gap between actual and potential workforce output won't close until 2023.
Bank of Canada Suggests National Economy Won’t Return to Pre-COVID Levels Until 2023
Canadian Economy in Slow and Steady Recuperation After Many COVID Containment Measures Lifted
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In