Canada's Monetary Policy by Deep Rojivadiya https://padlet.com/deeprojivadiya9992/ovecihssawmn Deep Rojivadiya en-us 2020-03-30 21:18:05 UTC 2026-01-24 22:19:13 UTC hello@padlet.com Canada's Monetary Policy deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483409873 In this padlet, I am going to talk about some of the Monetary policies of Canada. There will be four videos for which the link will be provided to access the videos. moreover, there will be a short description to the video on what you can expect to learn. On top of this there will be four websites and four images provided related to the monetary policies of Canada with some precise information on the top.]]> 2020-03-31 01:12:24 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483409873 video #1 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483420324 This video is all about the brief introduction to Monetary policy of Canada. what is interest and how it works and affects on the economy overall.
Monetary policy is ultimately about maintaining trust in the value of money by providing stability in the general level of prices. In Canada, the monetary policy is conducted by the Bank of Canada adjusting very short-term interests to achieve a growth rate of real output consistent. The target for the overnight rate, also known as the key policy interest rate, is the interest rate that the Bank expects to be used in financial markets for one-day (or "overnight") loans between financial institutions. This key rate serves as the benchmark that banks and other financial institutions use to set interest rates for consumer loans, mortgages and other forms of lending.]]> 2020-03-31 01:28:24 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483420324 Video #2 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483433263 This video is about how monetary policy works in Canada. We have just seen that inflation has been lower, and inflation and real output growth have both been more stable, in the years following the 1991 adoption of inflation targeting than in the preceding decade. How does monetary policy work to accomplish these outcomes? At the heart of the Bank of Canada’s monetary policy is a commitment to maintain low and relatively stable inflation—in particular, to keep the annual rate of inflation close to 2 per cent. The Bank’s commitment is essential for influencing firms’ and households’ expectations of inflation. Faced with a shock that threatens to push inflation either above or below the inflation target, Canadian firms and households are confident that the Bank of Canada will act to bring inflation back to the 2 per cent target. This confidence in the Bank’s policies comes from the Bank’s past record of doing what it claimed it would do: keep inflation low and stable. ]]> 2020-03-31 01:48:11 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483433263 Video #3 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483436770 This video explains the relationship between the term structure of interest rates and future changes in inflation for Canada using a newly constructed par-value yield series. The main conclusion of the empirical work is that the slope of the nominal term structure from 1- to 5-year maturities is a reasonably good predictor of future changes in inflation over these horizons. This result is similar to that obtained for the United States and other countries.

Results for models that also include competing indicators of inflation suggest that the medium-term structure of interest rates contains unique information about future inflation. Although there is additional information about future changes in inflation in M2+, commodity prices, and the output gap, this does not affect the predictive content of the medium-term structure.

]]> 2020-03-31 01:53:53 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483436770 Video #4 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483442320  This videos describes the other important element of Canada’s monetary policy framework. It is a flexible exchange rate. A floating Canadian dollar allows the Bank to pursue an independent monetary policy that is best suited to Canada’s economic circumstances and is focused on achieving the inflation target. Movements in the exchange rate also provide a “buffer,” helping our economy to absorb and adjust to external and internal shocks. ]]> 2020-03-31 02:02:36 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483442320 Website #1 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483447558 This is Bank of Canada's official website which tells everything you need to know about the monetary policy in Canada. when you open the website there are everything listed in a way that one can find all the information easily in an organised manner about Monetary policies, Inflation rates, Target for the overnight rates, and exchange rates. This website has all the information provided in it in a precise way and it is a trusted website so you won't have to go and look anywhere else for the information.]]> 2020-03-31 02:11:07 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483447558 Website #2 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483456113 this is also a website by Bank of Canada. This website describes about how the Monetary policies works and how it affects on the economy. It gives information about the objectives of monetary policy and the changes that took place in the Interest rates above the period. It also sheds some light on the  changes in the Bank’s policy rate have on various commercial interest rates, e.g., for mortgages, for consumer loans, as well as for deposits at financial institutions.]]> 2020-03-31 02:24:52 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483456113 Website #3 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483461250 This website has a brief article posted in it by the McGill University describing all the elements such as What is monetary policy?, Why Target Inflation?, Canada's Inflation performance and why it matters. The stability output growth and why it matters. here is also a column for the uncertainties and the need of information where you can find all the small and minor information about the monetary policy and other components related to it.]]> 2020-03-31 02:33:40 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483461250 Website #4 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483465172 This is a website of Global new Canada. It is important to mention this website as the articles can be a little old but the new channel new is always accurate and up to date. It has all the current information on the monetary policy and other factors related to it. for instance about the change in interest rate that took place in April. the interest rate rose to 1% and the economists says that it might increase more in the near future.]]> 2020-03-31 02:40:03 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483465172 Picture #1 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483475600 This image describes about how the long term interest rate, overnight interest rate, Inflation expectation, aggregate demand, output gap and exchange rate connects and links to each other.]]> 2020-03-31 02:57:20 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483475600 Picture #2 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483477403 This image also shows how everything connects and links to one another and how the cycle flows in a stable motion. and how the Bank of Canada plays its role in maintaining the flow consistently. ]]> 2020-03-31 03:00:26 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483477403 Reflective Question #1 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483484749 From this topic I came to learn about so many things regarding the Monetary policy of Canada. I had no idea that this many factors are included in the Monetary policy. and how Bank of Canada manages to operate and handle this crucial and important factors. The one thing which took my attention the most is the overnight interest rate, I had no idea what it is before starting this assignment. But now I do know the basics of how the monetary system works in Canada.]]> 2020-03-31 03:11:23 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483484749 Reflective question #2 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483487198 Real life example of this topic is that I am an international student and I love investing in shares other financial markets but I had no idea about the overnight interest rates on which the banks operates and lend each other money and how this one thing affects the whole cycle and the interest rate of the market. s, I definitely got to learn about that. I am very thankful to my Professor to assign this assignment and other assignments too throughout the course each one of them are useful in real world.]]> 2020-03-31 03:15:00 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483487198 Reflective Question #3 deeprojivadiya9992 https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483489134 My family lives in India but if they get a chance to visit here I would love to share this information with my brother and my father. My father is very interested in all this matters. I will also inform him precisely about this matter on a phone call and I am sure he would love to know about it and will definitely find it helpful, it return I might get to know some new things about the Monetary system in India from him. ]]> 2020-03-31 03:18:23 UTC https://padlet.com/deeprojivadiya9992/ovecihssawmn/wish/483489134