000004030 001__ 4030 000004030 003__ CaOOB 000004030 005__ 20250211163940.0 000004030 022__ $$a1201-8783 000004030 022__ $$a1490-1234 000004030 040__ $$aCaOOB$$beng$$erda 000004030 041__ $$aeng 000004030 043__ $$an-cn--- 000004030 245__ $$aMonetary Policy Report$$bJuly 2009 000004030 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c2009 000004030 269__ $$a2009 000004030 300__ $$a1 online resource (31 pages) 000004030 336__ $$aText 000004030 337__ $$2rdamedia$$acomputer$$bc 000004030 338__ $$2rdacarrier$$aonline resource$$bcr 000004030 347__ $$atext$$bPDF 000004030 520__ $$aThe global economy has suffered an intense, synchronous recession and considerable excess supply has opened up. There are now increasing signs that economic activity has begun to expand in many countries in response to monetary and fiscal policy stimulus and measures to stabilize the global financial system. However, the recovery is nascent. Effective and resolute policy implementation remains critical to sustained global growth. The dynamics of the recovery in Canada remain broadly consistent with the Bank’s medium-term outlook in its April Monetary Policy Report. Stimulative monetary and fiscal policies, improved financial conditions, firmer commodity prices, and a rebound in business and consumer confidence are spurring domestic demand growth. However, the higher Canadian dollar, as well as ongoing restructuring in key industrial sectors, is significantly moderating the pace of overall growth. 000004030 538__ $$aSystem requirements: Adobe Acrobat Reader. 000004030 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada. 000004030 7102_ $$aBank of Canada. 000004030 7750_ $$iFrench version$$tRapport sur la politique monétaire : mai 2002$$w4077 000004030 789__ $$tMonetary Policy Report Summary : July 2009$$eIsSupplementedBy$$2URL$$whttps://www.oar-rao.bank-banque-canada.ca/record/4114 000004030 8301_ $$aMonetary Policy Report 000004030 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4030/files/mpr230709.pdf$$9f6f69b34-d33f-49f1-a96f-5a6d1a3c501a$$s500007$$zFile Source: Bank of Canada website, 2024 000004030 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4030$$pbibliographic 000004030 980__ $$aIR 000004030 980__ $$aMonetary Policy Report 000004030 991__ $$aPublic