In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but … account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange rate to … inflation targeting arrived on the scene only after the Canadian regime was well established. …

What is the effect of climate policies on inflation and economic activity? Answering this question is critical for … central banks trying to achieve price stability. This paper studies the experience from existing carbon taxes in Canada and … Europe and Canada, as well as a number of different country groupings. At least in case of British Columbia, a contraction in …

,rather than exchange rate regimes and questions of policy credibility and political accountability are crucial. Canada's recent … economic performance under inflation targets, and arguments that the flexible exchange rate has undermined real economic … performance are assessed. The most economically attractive among alternative monetary orders, the adoption by Canada of the US …

to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … paper presents a counter-example in the activities of the Bank of Canada during the period 1935–75, when, working with the … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …

In Canada, targeting the inflation rate was intended as a temporary measure during a transition to price … following account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange … modelling inflation targeting arrived on the scene only as the Canadian regime was becoming well established. …

We use narrative evidence along with a novel database of real-time data and forecasts from the Bank of Canada's staff … monetary policy in Canada. We show that it is crucial to take into account the break in the conduct of monetary policy caused … by the announcement of inflation targeting in 1991 when estimating the effects of monetary policy. For instance, we find …