Here in Saskatchewan, we have spoken with firms whose investment plans are in flux pending more clarity  5  Mortgages in Canada with a loan-to-value ratio of 80 per cent or below do not require governmentguaranteed mortgage default insurance. 6  Other temporary factors pushing inflation above 2 per cent are the effects of minimum-wage increases and exchange rate pass-through. -5about NAFTA.
In  determining  response,  the  inflation  forecast  the is  appropriate  considered  policy  alongside  indicators of financial stability and economic activity, including  11  relevant information from the quarterly Business Expectations Survey. Monetary policy in 2021 was conducted in an environment of below-trend economic activity and a favourable medium-term inflation outlook.