Economic Policy Trends: The Bank of Canada's Response to COVID-19 and the Collapse in World Oil Prices

  • Scott Cameron

Abstract

The Canadian economy is being hammered by global demand and supply shocks from the COVID-19 crises and a collapse in world oil prices. Much attention has been on the various fiscal policy measures introduced by governments in Canada, but the Bank of Canada has also been actively engaged in companion emergency monetary policy measures.

Published
2020-05-20
Section
Communiqués