# data[].attributes.body
This Graphic image clearly demonstrates how the Monetary works. The flow Chart Really helps an individual to understand the main idea of Monetary policy of Canada and other Country too.
As the picture is not clear on this Padlet Please visit this image by clicking this link https://www.bankofcanada.ca/wp-content/uploads/2010/07/chart6.gif

# data[].attributes.headline
Video #1 The Transmission of Monetary Policy - Whiteboard

# data[].attributes.subject
Video #1 The Transmission of Monetary Policy - Whiteboard

# data[].attributes.body
The bank of canada use this Policy by changing the interest rate overnight for the welfare of the country and work through the economy to affect the inflation.
Even though the process looks easier but it is not, the process takes a lot of time , one wrong step can affect the economy of the country, The term 'overnight' does not mean that it will actually change in the night it actually means that it will takes a lot of night and then will happen.
The process starts in the way that the canada's bank sets a interest rate and then there are transmission channels such as commercial channels,assets  prices, exchange prices, and also expectations and these will decide the level of goods and services
I am posting a link to this site for more information and video in the description to understand the transmission of it.https://www.bankofcanada.ca/wp-content/uploads/2010/11/how_monetary_policy_works.pdf

# data[].attributes.attachment_link.title
The Transmission of Monetary Policy - Whiteboard

# data[].attributes.headline
Video #2 Bank of Canada raises rate — what does it mean for you?

# data[].attributes.subject
Video #2 Bank of Canada raises rate — what does it mean for you?

# data[].attributes.body
The bank of canada raised its overnight lending rate by a quarter percentage on this wednesday, that means 0.75 per cent from 0.5 per cent for boosting the economy of the country.

they have also said that 3.5 per cent annual pace of GDP in the first quarter will change over the rest of the period but will be remained in potential
For Detail information please check the video and the link https://www.theglobeandmail.com/report-on-business/economy/bank-of-canada-interest-rate-decision/article35662991/

# data[].attributes.attachment_link.title
Bank of Canada raises rate — what does it mean for you?

# data[].attributes.headline
Image #2 Graph Between old and new Rate among other countries

# data[].attributes.subject
Image #2 Graph Between old and new Rate among other countries

# data[].attributes.body
As this image clearly reveals the statistics of the Canada's old policy when it was applied and the change of monetary Policy which made a huge difference in other countries .

# data[].attributes.body
As i have already told you that the Monetary policy is used by the central bank to either inculcate the growth or to check the growth . They have several factors on which it most depends these are the exchange rates, assets prices and channels.

On the other hand fiscal is a policy through which the government looks into the system to see the total level of spending and total level of composition both in terms of economy .
if for example government see that the canada does not have enough business activity in economy, then it can increase the amount of money also known as stimulus, by pulling out the tax government slow the business activity.
And also fiscal policy is more effective than Monetary policy in terms of real economy
For more detail visit this helpful site https://youtu.be/ntxMOKXHlfo and https://www.investopedia.com/ask/answers/100314/whats-difference-between-monetary-policy-and-fiscal-policy.asp

# data[].attributes.attachment_link.title
Monetary and fiscal policy | Aggregate demand and aggregate supply | Macroeconomics | Khan Academy

# data[].attributes.headline
Image #3 Budget of canada as they use this Policy

# data[].attributes.subject
Image #3 Budget of canada as they use this Policy

# data[].attributes.body
If you want to more about the budget when they used this policy please visit through this site it has shown the difference .
http://www.macleans.ca/wp-content/uploads/2012/09/monetary_1990_2000.png

# data[].attributes.headline
Website#1 what is Monetary Policy? how Does it affect the Canada's Economy

# data[].attributes.subject
Website#1 what is Monetary Policy? how Does it affect the Canada's Economy

# data[].attributes.body
In simple Words Monetary policy's objective is to preserve the value of money by keeping inflation low,predictable and stable.
The banks of canada carries out monetary policy by lowering and raising the overnight rate. whenever the banks either raise or lower the overnight rates, this will change in the level of goods and services and also affect people's spending habits

Benefits of Monetary Policy
Lets talk about the benefits of monetary policy is that it is stable, predictable inflation and low can help to make the country's economy more productive. It also allows people to be more confident for their spending habits.
For more Information visit this link in the description.
https://www.bankofcanada.ca/core-functions/monetary-policy/what-is-monetary-policy/

# data[].attributes.attachment_link.readable_text
Monetary policy is concerned with how much money circulates in the economy, and what that money is worth.

What is the Bank's Approach to Monetary Policy?

The cornerstone of the Bank's monetary policy framework is its inflation-control system, the goal of which is to keep inflation near 2 per cent - the mid-point of a 1 to 3 per cent target range. This system provides a clear measure of the effectiveness of monetary policy, and increases the predictability of inflation.

The Bank is equally concerned with significant movements in the inflation rate, both above the 2 per cent mid-point and below it. When demand is strong, it can push the economy against the limits of its capacity to produce. This tends to raise inflation above the midpoint, so the Bank will raise interest rates to cool off the economy. When demand is weak, inflationary pressures are likely to ease. The Bank will then lower interest rates to stimulate the economy and absorb economic slack.

See The Output Gap for more information about the impact of demand and production on inflation.

How is Monetary Policy Carried Out?

The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate. (The "overnight rate" is the interest rate at which major financial institutions borrow and lend one-day (or overnight) funds among themselves.) In November 2000, the Bank introduced a system of eight "fixed" dates each year on which it announces whether or not it will change the target for the overnight rate.

Changes in the target for the overnight rate usually lead to changes in other interest rates, and so affect people's spending decisions. This, in turn, influences the level of demand for goods and services. When demand exceeds supply, prices will rise.

What are its Benefits?

Low, stable and predictable inflation is the best contribution that monetary policy can make to a productive, well-functioning economy. It allows Canadians to make spending and investment decisions with more confidence. This encourages longer-term investment in Canada's economy, and contributes to sustained job creation and greater productivity. This in turn leads to real improvements in our standard of living.

# data[].attributes.attachment_link.description
Monetary policy is concerned with how much money circulates in the economy, and what that money is worth. The cornerstone of the Bank's monetary policy framework is its inflation-control system, the goal of which is to keep inflation near 2 per cent - the mid-point of a 1 to 3 per cent target range.

# data[].attributes.body
The bank of canada use this Policy by changing the interest rate overnight for the welfare of the country and work through the economy to affect the inflation.
Even though the process looks easier but it is not, the process takes a lot of time , one wrong step can affect the economy of the country, The term 'overnight' does not mean that it will actually change in the night it actually means that it will takes a lot of night and then will happen.
The process starts in the way that the canada's bank sets a interest rate and then there are transmission channels such as commercial channels,assets  prices, exchange prices, and also expectations and these will decide the level of goods and services
I will highly encourage to go this link https://www.bankofcanada.ca/wp-content/uploads/2010/11/how_monetary_policy_works.pdf

# data[].attributes.headline
Website #3 What is Lending rates? how they are set? short-term and Long-term interest rate?

# data[].attributes.subject
Website #3 What is Lending rates? how they are set? short-term and Long-term interest rate?

# data[].attributes.body
The lending rate is defined as the rate of interest that you will have to pay when you are repaying a loan

Banks and other Financial intuitions have their own lending rates. The level of interest for the commercial is much determined by several factors which is not included by the banks themselves
One of the main example is the overnight night prices i have already explained what is the overnight prices in Website #2 please go through it for more information.
short term interest is usually applied to the loan which is lent for one year and more than one year could apply to the long term interest.
For more information please visit  this link https://www.bankofcanada.ca/wp-content/uploads/2010/11/lending_rates.pdf