January 22, 2004
A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks.
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Latest Monetary Policy Reports
October 22, 2003
In the April Monetary Policy Report, the Bank noted that inflation was well above its 2 per cent target and that short-term inflation expectations had edged up.
Monetary Policy Report – October 2003
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Publications,
Monetary Policy Report
July 17, 2003
Since the April Monetary Policy Report, there have been a number of unanticipated developments that have changed the outlook for inflation and economic activity in Canada.
Monetary Policy Report Update – July 2003
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Publications,
Monetary Policy Report
April 23, 2003
The global economic outlook has been clouded by a high degree of uncertainty, accentuated most recently by the war in Iraq.
Monetary Policy Report – April 2003
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Publications,
Monetary Policy Report
January 23, 2003
At the time of the October Monetary Policy Report, the Bank projected that core inflation would rise in the fourth quarter of 2002, reflecting a combination of one-off factors - including the rise in insurance premiums - and the “echo effect” from developments towards the end of 2001.
Monetary Policy Report Update – January 2003
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Publications,
Monetary Policy Report
October 23, 2002
Over the past year, Canada’s economy has outperformed the economies of virtually all the other major industrial countries.
Monetary Policy Report – October 2002
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Publications,
Monetary Policy Report
July 24, 2002
t the time of the April Monetary Policy Report, it was evident that a robust economic recovery was underway in Canada.
Monetary Policy Report Update – July 2002
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Publications,
Monetary Policy Report
April 24, 2002
At the time of last November’s Monetary Policy Report, two issues dominated the analysis: the global economic slowdown and the fallout from the September terrorist attacks.
Monetary Policy Report – April 2002
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Publications,
Monetary Policy Report
January 23, 2002
In the November Monetary Policy Report, the timing and extent of the recovery in economic activity in Canada this year was seen as depending crucially on geopolitical developments and on how quickly consumer and business confidence would return to normal.
Monetary Policy Report Update – January 2002
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Publications,
Monetary Policy Report
November 7, 2001
Two major issues dominate the analysis and policy discussion in this Monetary Policy Report: the nature and extent of the global economic slowdown that began late last year and the consequences of the terrorist attacks in the United States.
Monetary Policy Report – November 2001
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Publications,
Monetary Policy Report