Toronto, August 28 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the key overnight interest rate at 3.00 percent at its next announcement on September 3, 2008. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.
Toronto, July 10 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada raise its target for the key overnight interest rate to 3.25 percent at its next announcement on July 15. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.
Toronto, June 5 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the key overnight interest rate at 3.00 percent at its next announcement on June 10. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.
Annual Report - 2008
Submitted by admin onToronto, April 17 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada lower its target for the key overnight interest rate to 3.25 percent at its next announcement on April 22. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.
Toronto, February 28 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada lower its target for the key overnight interest rate to 3.75 percent at its next announcement on March 4. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.
Toronto, January 17 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada lower its target for the key overnight interest rate to 4.00 percent at its next announcement on January 22. The overnight rate is a very short-term money-market rate that the central bank targets for monetary policy purposes.
Much of this brief draws on David Laidler and William Robson, “Ill-Defined Benefits: The Uncertain Present and Brighter Future of Employee Pensions in Canada,” C.D. Howe Institute Commentary 250, June 2007.
2004 - Jack M Mintz,Tom Roberts