Canada’s Monetary Policy by sanampreet singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy A very warm welcome to my padlet, Learn more About Canada's Monetary policy through images, videos and Some useful website. en-us 2018-04-16 06:39:54 UTC 2024-07-15 22:00:15 UTC hello@padlet.com Website#1 what is Monetary Policy? how Does it affect the Canada's Economy sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252313936 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/]]> 2018-04-16 19:14:29 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252313936 Website #2 How Monetary policy Works sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252318215 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]]> 2018-04-16 19:25:39 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252318215 Website #3 What is Lending rates? how they are set? short-term and Long-term interest rate? sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252322093
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]]> 2018-04-16 19:35:54 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252322093 Image #1 sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252326435 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]]> 2018-04-16 19:48:13 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252326435 Image #2 Graph Between old and new Rate among other countries sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252327957 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 .]]> 2018-04-16 19:53:10 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252327957 Image #3 Budget of canada as they use this Policy sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252329812 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]]> 2018-04-16 19:59:06 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252329812 Video #2 Bank of Canada raises rate — what does it mean for you? sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252344101 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/]]> 2018-04-16 20:48:26 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252344101 Video #1 The Transmission of Monetary Policy - Whiteboard sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252401507 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

]]> 2018-04-17 02:54:53 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252401507 Video #3 Monetary and fiscal policy sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252402053 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
]]> 2018-04-17 02:58:57 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252402053 Answer to your kind Questions sanampreet_singh https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252407563 2018-04-17 03:23:38 UTC https://padlet.com/sanampreet_singh/Canadamonetarypolicy/wish/252407563