1 See E. Ens, L. Savoie-Chabot, K. G. See and S. L. Wee, “Assessing Labour Market Slack for Monetary Policy,”  Bank of Canada Staff Discussion Paper (forthcoming). 2 Government of Canada bonds can be acquired at primary market auctions or through the secondary market  after initial issuances. Secondary market purchases are typically done for policy purposes, including QE.
Leading indicators such as machinery orders and construction starts also suggest an increase in business fixed investment. Firms’ positive fixed investment stance could be confirmed by various survey results.