A faster than expected recovery is driving a rosier forecast
Employers added 1.4 million jobs, down from 1.7 million in July
Gains were largely concentrated in full-time work
Still, the bank's economic forecasts have improved compared with earlier this year
Economic activity remains well below levels seen before the pandemic, the Federal Reserve says
Economists say a full recovery remains far off
Financial sector employees working from home helped buoy Ontario and Quebec economies
The European economy may take longer to heal
However, growing evidence suggests that sales could be slowing
Sales climbed a record 20.7% in June, though they're still below their pre-pandemic level