The number of business closures remained higher than the pre-Covid level
Core retail sales, however, fell 1.2%
Lower-income households tend to have a higher debt levels
Used car prices surged by the largest amount in 51 years
Bank economists offer their base-case scenarios
Global market recovery boosted Canada's net international investment position
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
Non-mortgage debt was down as a result of the economic shutdown, Equifax says