The introduction of inflation targets in Canada in 1991 ostensibly clarified the objectives of monetary policy, namely … henceforth be able to assess more easily monetary policy performance based on the Bank of Canada's record at achieving low and …, "... public commentary on monetary policy since 1991 has involved a fairer assessment of the performance of the Bank of Canada …

Policy Council in Canada. Given the structure of the committee, how decision-making takes place, as well as the voting … interest rates inside the MPC. Beginning with the explicit forward guidance provided by the Bank of Canada market determined …