Browse publications

Canada’s inflation-control targets establish a specific medium-term objective for monetary policy.

With inflation remaining low for the sixth consecutive year, the Canadian economy recorded a strong expansion of about 4 per cent through 1997.

Cover page

Mafeking siege note

This ten-shilling note measures 6 1/4 by 5 3/4 inches and forms part of the National Currency Collection, Bank of Canada.

Photography by James Zagon.

In the last half-year, the economic expansion in Canada has become well established, supported by low inflation, highly stimulative monetary conditions, and a strong U.S. economy.

Cover page

The Puffins of Lundy

The coin is part of the National Currency Collection at the Bank of Canada.

Photography by James Zagon.

Cover page

Samuel Zimmerman and the Zimmerman Bank

This note is part of the National Currency Collection, Bank of Canada.

Photography by James Zagon.

Since the last Report, the Canadian economy has advanced broadly in line with expectations.

Cover page

Japanese oban

Photography by James Zagon.

In 1996 inflation remained within the Bank’s target range but was subject to downward pressure. The low rate of inflation contributed to a major easing in monetary conditions, and interest rates reached their lowest level in 30 years.

Cover page

P.N. Breton, Canadian numismatist

The book, pamphlet, and advertising piece shown are part of the National Currency Collection, Bank of Canada.

Photography by James Zagon.