Monetary Policy Report - Press Conference (Audio) - July 2011

Release of the Monetary Policy Report - Webcast of a press conference by Governor Mark Carney and Senior Deputy Governor Tiff Macklem.

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July 20, 2011 Monetary Policy Report - Press Conference (Video) - July 2011

Release of the Monetary Policy Report - Webcast of a press conference by Governor Mark Carney and Senior Deputy Governor Tiff Macklem.

Monetary Policy Report - July 2011

The Canadian economy is projected to expand by 2.8 per cent in 2011, 2.6 per cent in 2012, and 2.1 per cent in 2013, returning to capacity in the middle of 2012. Total CPI inflation is expected to return to the 2 per cent target by the middle of 2012.

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