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BDC Economic Letter

How the war in Ukraine will affect Canada’s economy

After two years of pandemic, Canadian entrepreneurs were finally beginning to see the light at the end of the tunnel. Provincial authorities across the country have finally announced a cessation of health restrictions in the coming months. Now, a new source of uncertainty is hitting the economy—the invasion of Ukraine by Russia. Beyond their concern about the human tragedy unfolding in Ukraine, many businesspeople are wondering how this war and the sanctions imposed on Russia will affect the Canadian economy and their company. Read more
New global risks will require resilience from the Canadian economy
Canadian economy at a glance  
U.S. economy stands up well to COVID, but what about war?
U.S. economy at a glance  
How high will oil prices go?
Read the oil market update  As expected, the Bank of Canada raise its policy rate
Follow the latest economic indicators  
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Patricia Dent
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