000004029 001__ 4029
000004029 003__ CaOOB
000004029 005__ 20250211163940.0
000004029 022__ $$a1201-8783
000004029 022__ $$a1490-1234
000004029 040__ $$aCaOOB$$beng$$erda
000004029 041__ $$aeng
000004029 043__ $$an-cn---
000004029 245__ $$aMonetary Policy Report$$bApril 2009
000004029 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c2009
000004029 269__ $$a2009
000004029 300__ $$a1 online resource (34 pages)
000004029 336__ $$aText
000004029 337__ $$2rdamedia$$acomputer$$bc
000004029 338__ $$2rdacarrier$$aonline resource$$bcr
000004029 347__ $$atext$$bPDF
000004029 500__ $$aErrata: The source for Chart 1 (on page 3) is Global Insight, not the Bank of Canada. As well, in chart 15 (on page18), the base year for the exchange rate index CERI excluding the U.S. dollar should read 1992=100, not 1997=100.
000004029 520__ $$aIn an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank’s January Monetary Policy Report Update, with weaker-than-expected activity in all major economies. Deteriorating credit conditions have spread quickly through trade, financial, and confidence channels. While more aggressive monetary and fiscal policy actions are under way across the G-20, measures to stabilize the global financial system have taken longer than expected to enact. As a result, the recession in Canada will be deeper than anticipated, with the economy projected to contract by 3.0 per cent in 2009. The Bank now expects the recovery to be delayed until the fourth quarter and to be more gradual. The economy is projected to grow by 2.5 per cent in 2010 and 4.7 per cent in 2011, and to reach its production capacity in the third quarter of 2011. Given significant restructuring in a number of sectors, potential growth has been revised down. The recovery will be importantly supported by the Bank’s accommodative monetary stance.
000004029 538__ $$aSystem requirements: Adobe Acrobat Reader.
000004029 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada.
000004029 7102_ $$aBank of Canada.
000004029 7750_ $$iFrench version$$tRapport sur la politique monétaire : avril 2009$$w4076
000004029 789__ $$tMonetary Policy Report Summary : April 2009$$eIsSupplementedBy$$2URL$$whttps://www.oar-rao.bank-banque-canada.ca/record/4113
000004029 789__ $$tMethodology Used to Construct Fan Charts in the April 2009 Monetary Policy Report$$eIsSupplementedBy$$2URL$$whttps://www.oar-rao.bank-banque-canada.ca/record/4202
000004029 8301_ $$aMonetary Policy Report
000004029 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4029/files/mpr230409.pdf$$950e0e3c6-6709-4811-a552-3c7124b2bfbc$$s1736626$$zFile Source: Bank of Canada website, 2024
000004029 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4029$$pbibliographic
000004029 980__ $$aIR
000004029 980__ $$aMonetary Policy Report
000004029 991__ $$aPublic