5.2 The Bank of Canada

In this section

• 5.2.1 Overview of The Bank of Canada
  An in-depth exploration of the history, mandate, and independence of the Bank of Canada as a central pillar of economic policy in Canada.
• 5.2.2 Monetary Policy Framework
  An in-depth look at the Bank of Canada's monetary policy framework, focusing on the role of the key policy rate, specifically the overnight rate, and the commitment to inflation targeting for economic stability.
• 5.2.3 Monetary Policy Tools
  An overview of monetary policy tools utilized by the Bank of Canada to regulate the economy, including Open Market Operations and Standing Liquidity Facilities.
• 5.2.4 Role in Economic Stability
  This section details the Bank of Canada's pivotal role in maintaining economic stability through economic forecasting and crisis management.