00000nam 2200000za 4500 9.846369 CaOODSP 20250821075102 cr ||||||||||| 171031s2017 oncd ob f000 0 eng d CaOODSP eng eng fre n-cn--- FB3-7/2017-18E-PDF Yang, Jing, 1970- Alternative scenario to the October 2017 MPR base-case projection [electronic resource] : higher potential growth / Jing Yang, Ben Tomlin and Olivier Gervais. [Ottawa] : Bank of Canada, c2017. iii, 7 p. : col. charts Staff analytical note = Note analytique du personnel, 2369-9639 ; 2017-18 Cover title. Includes bibliographical references. "We construct an alternative scenario in which trend labour input and business investment are stronger than that expected in the Bank of Canada’s base-case projection in the October 2017 Monetary Policy Report. We find that while the size and timing of these effects are highly uncertain, the level of potential and real output could be almost 1 per cent higher than expected by the end of 2020. The resulting effect on the output gap and inflation is small and therefore does not affect the stance of monetary policy"--Abstract, p. 3. Includes abstract in French. gccst Inflation gccst Prices gccst Monetary policy Tomlin, Ben. Gervais, Olivier. Bank of Canada. Staff analytical note (Bank of Canada) 2369-9639 ; 2017-18 (CaOODSP)9.807323 PDF 339 KB https://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-7-2017-18-eng.pdf