1. Early Years, 1935-1954 -- 2. Canadian Economy during the 1950s -- 3. Overview of Monetary Policy during the Coyne Years -- 4. Objective of Monetary Policy -- 5. Developing the Tools of Monetary Policy -- 6. Bank and the Government on Conduct of Monetary Policy -- 7. Responsibility for...

Inflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada's Business Outlook Survey, spanning the 2001 to 2015...