The C.D. Howe Institute Monetary Policy Council is comprised of 12 of Canada’s most distinguished financial-market and monetary economists. Chaired by the Institute’s Chief Executive Officer William Robson, it provides the Bank of Canada, financial-market participants and economic policy commentators with a regular independent assessment of the appropriate stance of Canadian monetary policy as the Bank of Canada pursues its 2 percent inflation target.
The Monetary Policy Council convenes to discuss the Bank of Canada’s policy toward the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, shortly before each of the Bank’s interest-rate announcements.
The Bank of Canada’s interest-rate announcements occur roughly every six weeks. The Monetary Policy Council’s recommendations, including the individual votes of its members, appear on the C.D. Howe Institute’s website at 2:00 p.m. on the Thursday before each scheduled announcement. You can find the MPC and Bank of Canada schedules here.
Chair
![](/sites/default/files/styles/staff_280x280/public/2024-02/Bill%20Robson_2024.png.jpg?itok=O-9N2V_K)
William B.P. Robson
President and Chief Executive OfficerMembers
Content
Research Papers
![Mission Creep and Monetary Policy Mission Creep and Monetary Policy](/sites/default/files/styles/research_image_thumbnail/public/images/research_papers/iStock-1135306312.png?itok=64vra5nA)