April 14, 2005
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
January 27, 2005
The adjustment of the Canadian economy to major global developments continues to shape the economic outlook.
Monetary Policy Report Update – January 2005
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Publications,
Monetary Policy Report
October 21, 2004
The Canadian economy continues to adjust to major global developments.
Monetary Policy Report – October 2004
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Publications,
Monetary Policy Report
July 22, 2004
Since the April Monetary Policy Report, three developments have led the Bank of Canada to make small modifications to its outlook for economic growth and inflation in Canada.
Monetary Policy Report Update – July 2004
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Publications,
Monetary Policy Report
April 15, 2004
The Canadian economy continues to adjust to developments in the global economy.
Monetary Policy Report – April 2004
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Publications,
Monetary Policy Report
January 22, 2004
Since the October Monetary Policy Report, three developments have led the Bank of Canada to modify its outlook for economic growth and inflation in Canada.
Monetary Policy Report Update – January 2004
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Publications,
Monetary Policy Report
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