Thanks Ted from Halton CSDS for sharing the following:

Census changes to complicate central bank’s analyses, Carney says
Switching to voluntary form could affect quality of research used to set monetary policy

The Bank of Canada has long focused on productivity, labour and households as a means of assessing the country’s economy and steering it toward better footing.

But Governor Mark Carney says that the bank may no longer be able to rely on data from Statistics Canada for these analyses because of proposed changes to the census.

Mr. Carney told The Globe and Mail editorial board on Thursday that those changes could have an impact on the quality of research in those important areas and force the bank to supplement the information with its own research.

“There is a non-trivial range of data that could be affected,” Mr. Carney said.