Walter Muiruri is an Economist working in the International Economic Analysis Department. He holds a master's degree in Economics. He also completed a double major in Economics and Statistics with a focus in data analytics. Walter completed both degrees at the University of Toronto. Walter previously worked at the Bank as a Research Assistant in the Economic and Financial Research Department.
This note presents the annual update of Bank of Canada staff estimates for growth in global potential output. These estimates served as key inputs to the analysis supporting the April 2025 Monetary Policy Report.
This paper provides the context, rationale and key considerations that informed the Bank of Canada’s decision to publish a summary of monetary policy deliberations. It includes an analysis of how other central banks disclose minutes and summaries of their monetary policy deliberations.