The Bank for International Settlements, for instance, on Tuesday said that higher consumer prices in Europe and the US "will most likely be temporary".
Current account balance is expected to show a deficit of around $0.5 billion by the end of the current fiscal year, states Monthly Economic Update & Outlook June 2021
"Over the course of the Covid-19 pandemic, Canadians have sought out more living space and outdoor amenities, as they have adapted to spending more time at home," Statistics Canada said.