TY - GEN AB - The Canadian economy continues to grow at a solid pace, consistent with the Bank’s outlook in the January Monetary Policy Report Update. The global economy has been robust, showing a little more momentum than had been anticipated. This has led to higher prices for many commodities which, along with strong domestic demand, have supported economic activity in Canada. At the same time, global competition and the past appreciation of the Canadian dollar continue to pose challenges for a number of sectors. All factors considered, the Canadian economy is judged to be operating at, or just above, its production capacity. High and variable energy prices associated with the strength of global demand have kept total CPI inflation above the Bank’s 2 per cent target. Core inflation has remained below 2 per cent, owing to persistent downward pressure from the prices of imported consumer goods. DA - 2006 ID - 4023 KW - Monetary policy KW - Politique monétaire L1 - https://www.oar-rao.bank-banque-canada.ca/record/4023/files/mprapr06.pdf L2 - https://www.oar-rao.bank-banque-canada.ca/record/4023/files/mprapr06.pdf L4 - https://www.oar-rao.bank-banque-canada.ca/record/4023/files/mprapr06.pdf LA - eng LK - https://www.oar-rao.bank-banque-canada.ca/record/4023/files/mprapr06.pdf N2 - The Canadian economy continues to grow at a solid pace, consistent with the Bank’s outlook in the January Monetary Policy Report Update. The global economy has been robust, showing a little more momentum than had been anticipated. This has led to higher prices for many commodities which, along with strong domestic demand, have supported economic activity in Canada. At the same time, global competition and the past appreciation of the Canadian dollar continue to pose challenges for a number of sectors. All factors considered, the Canadian economy is judged to be operating at, or just above, its production capacity. High and variable energy prices associated with the strength of global demand have kept total CPI inflation above the Bank’s 2 per cent target. Core inflation has remained below 2 per cent, owing to persistent downward pressure from the prices of imported consumer goods. PY - 2006 SN - 1201-8783 T1 - Monetary Policy ReportApril 2006 TI - Monetary Policy ReportApril 2006 UR - https://www.oar-rao.bank-banque-canada.ca/record/4023/files/mprapr06.pdf Y1 - 2006 ER -