C.D. Howe Institute’s Monetary Policy Council Urges Bank of Canada to Hold Overnight Rate at 1.00 Percent on October 25, 2011
October 20, 2011 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on October 25, 2011. The Council further recommended holding the target at 1.00 percent at the following announcement on December 6, 2011, and called for a continued target of 1.00 through April 2012, followed by an increase to 1.50 percent by October 2012.
The MPC is a panel sponsored by the C.D. Howe Institute to provide an independent assessment of the monetary stance most appropriate for the Bank of Canada as it seeks to achieve…
C.D. Howe Institute’s Monetary Policy Council Urges Bank of Canada to Hold Overnight Rate at 1.00 Percent on September 7, 2011
September 1, 2011 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight interest rate, the very short-term money-market rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on September 7, 2011. The Council further recommended holding the target rate at 1.00 percent at the following announcement on October 25, 2011, followed by increases that would take it to 1.25 percent in March 2012 and 1.75 percent in September 2012.
The MPC is a panel sponsored by the C.D. Howe Institute to provide an independent assessment of the monetary stance most appropriate for the Bank of Canada as it seeks to…
C.D. Howe Institute’s Monetary Policy Council Urges Bank of Canada to Raise Overnight Rate to 1.25 Percent on July 19, 2011
July 14, 2011 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada raise its target for the overnight interest rate, the very short-term money-market rate the Bank targets for monetary policy purposes, to 1.25 percent at its next announcement on July 19, 2011. The Council further recommended holding the target rate at 1.25 percent at the following announcement on September 7, 2011, followed by increases that would take it to 1.75 percent in January 2012 and 2.25 percent in July 2012.
The MPC is a panel sponsored by the C.D. Howe Institute to provide an independent assessment of the monetary stance most appropriate for the Bank of Canada as it seeks to…
Abolish Ownership Restrictions in Telecommunications
Report of the C.D. Howe Institute Competition Policy Council
It is time to end foreign ownership restrictions in the Canadian telecommunications sector, to make better use of competitive forces in providing telecommunication services to consumers. This is the majority view of the C.D. Howe Institute’s Competition Policy Council, which held its inaugural meeting June 17, 2011. The meeting addressed the following question: “Should the federal government end existing foreign ownership restrictions in Canadian telecom because of their impact on competition?”
C.D. Howe Institute’s Monetary Policy Council Urges Bank of Canada to Raise Overnight Rate to 1.25 Percent on May 31, 2011
May 26, 2011 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada raise its target for the overnight interest rate, the very short-term money-market rate the Bank targets for monetary policy purposes, to 1.25 percent at its next announcement on May 31, 2011. The Council further recommended raising the target rate to 1.50 percent at the following announcement on July 19, 2011, followed by increases that would take it to 1.75 percent in December 2011 and 2.25 percent in May 2012.
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