Good afternoon. It is a great pleasure for me to have the opportunity to speak to CABE again. I'm sorry I could not participate in your summer conference, so I'm thankful we were able to reschedule. I value your keen interest in the Bank of Canada's work and your thoughtful feedback.
In the past, I have tried to speak on issues of current interest to your membership, and I hope today is no different. This afternoon I'll be talking about labour market uncertainties, which have become much more pronounced during the COVID-19 pandemic.
We are paying closer attention to the labour market because COVID-19 has had severe and unprecedented impacts on Canadian workers. Moreover, the pandemic and related control measures had an unusual and uneven impact across sectors of our economy-and especially across workers.