Canada's Difficult Experience in Reducing Inflation: Cautionary Lessons

This Commentary provides an insider’s perspective on Canada’s difficult experience with inflation before the mid-1990s and draws some general lessons from this historical record for today’s monetary policy.monetary policy, Bank of Canada, inflation

A Bank for All Seasons: The Bank of Canada and the Regulatory Challenge

The Bank of Canada must come to play a recognized, central leadership role in shaping policy if Canada is to better manage risks to financial sector stability. This can be accomplished by giving the Bank a clearly acknowledged oversight and investigative mandate regarding financial stability – which would not require statutory change – linked with the responsibility to report independently on the same.financial services, Bank of Canada, financial sector stability