TY - GEN AB - The update on global and Canadian economic developments presented in this Report highlights three issues. First, the balance of information on capacity pressures indicates that the Canadian economy is operating close to its production limits. Second, over the past several months, further progress has been made across sectors of the Canadian economy in adjusting to global developments. Third, while the risks to the outlook through 2006 appear balanced, the medium-term risks related to global imbalances are increasing. On the whole, the Bank’s outlook for output and inflation in Canada through to the end of 2006 is little changed from the scenario outlined in the April Monetary Policy Report. DA - 2005 ID - 4193 KW - Monetary policy KW - Politique monétaire L1 - https://www.oar-rao.bank-banque-canada.ca/record/4193/files/mpr_update140705.pdf L2 - https://www.oar-rao.bank-banque-canada.ca/record/4193/files/mpr_update140705.pdf L4 - https://www.oar-rao.bank-banque-canada.ca/record/4193/files/mpr_update140705.pdf LA - eng LK - https://www.oar-rao.bank-banque-canada.ca/record/4193/files/mpr_update140705.pdf N2 - The update on global and Canadian economic developments presented in this Report highlights three issues. First, the balance of information on capacity pressures indicates that the Canadian economy is operating close to its production limits. Second, over the past several months, further progress has been made across sectors of the Canadian economy in adjusting to global developments. Third, while the risks to the outlook through 2006 appear balanced, the medium-term risks related to global imbalances are increasing. On the whole, the Bank’s outlook for output and inflation in Canada through to the end of 2006 is little changed from the scenario outlined in the April Monetary Policy Report. PY - 2005 T1 - Monetary Policy Report UpdateJuly 2005 TI - Monetary Policy Report UpdateJuly 2005 UR - https://www.oar-rao.bank-banque-canada.ca/record/4193/files/mpr_update140705.pdf Y1 - 2005 ER -