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Montréal, Quebec

  • April 12, 2007

    Dealing with Uncertainty in the Conduct of Monetary Policy

    Remarks Sheryl Kennedy Montréal CFA Society Montréal, Quebec
    The main goal of monetary policy is to help the country achieve strong, sustainable economic performance, and, in doing so, to contribute to rising living standards for Canadians. Experience has shown that the best way for a central bank to meet this goal, given the instruments at its disposal, is by keeping inflation low and stable. Low and stable inflation increases confidence in the future value of money, and allows for clear price signals.
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