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Is the Bank of Canada sufficiently transparent on monetary policy?

Summary by Ground News
The Governor of the Bank of Canada determines the key interest rate eight times a year in the context of monetary policy. The Bank Act was adopted in 1935 while the General Theory on Employment, Interest and Money of Lord Keynes was published in 1936. The specific mandates for the Bank and for monetary policy have never been incorporated in the Act.
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Prince Albert Daily Herald broke the news in on Wednesday, September 27, 2023.
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