); and the recent coronavirus outbreak which has been declared as “global health emergency” by the World Health Organization (WHO). In the domestic front, the failure to enhance disaster resilience amid increased intensity and frequency of natural hazards and the failure deliver the planned Build. Build. Build projects are among the key challenges that are on our radar screen.
It would be much more challenging to keep inflation on target if expectations were to become unanchored – or anchored at a lower or higher level. For these reasons, we keep a close eye on expected inflation. We measure business expectations with our own quarterly Business Outlook Survey and recently began tracking household expectations with a quarterly online poll of 1,000 Canadian consumers.