Explore the history, functions, and critical role of the Bank of Canada in maintaining economic stability, including its responsibilities in monetary policy, financial system stability, currency issuance, and funds management.
Explore how the Bank of Canada uses the overnight rate to influence economic conditions, the significance of adjusting the target overnight rate, and its impact on borrowing costs.
Explore the role of open market operations in Canadian monetary policy, focusing on Special Purchase and Resale Agreements (SPRAs) and Sale and Repurchase Agreements (SRAs).
Explore the intricate interplay between fiscal and monetary policy in managing the Canadian economy, including government spending, taxation, and central bank actions.
Explore the intricacies of fiscal and monetary policy in Canada, their impact on the economy, and the roles of key institutions like the Bank of Canada.