000004195 001__ 4195
000004195 003__ CaOOB
000004195 005__ 20250211163913.0
000004195 040__ $$aCaOOB$$beng$$erda
000004195 041__ $$aeng
000004195 043__ $$an-cn---
000004195 245__ $$aMonetary Policy Report Update$$bJuly 2006
000004195 264_1 $$aOttawa, Ontario :$$bBank of Canada,$$c2006
000004195 269__ $$a2006
000004195 300__ $$a1 online resource (6 pages)
000004195 336__ $$aText
000004195 337__ $$2rdamedia$$acomputer$$bc
000004195 338__ $$2rdacarrier$$aonline resource$$bcr
000004195 347__ $$atext$$bPDF
000004195 520__ $$aOverall, the outlook for economic growth and inflation in Canada is largely unchanged from that set out in the April Monetary Policy Report. Growth in the first half of 2006 appears to have been a little stronger, and the Canadian dollar has traded in a higher range than envisaged in the last Report. As well, there was a further shift in the composition of demand towards consumption and away from exports. This additional strength in domestic demand is expected to persist into next year, but it should be more than offset by a weaker outlook for net exports, owing primarily to the recent strength in the Canadian dollar. Hence, in aggregate, growth in 2007–08 is expected to be a little weaker than projected in April. The economy is currently judged to be operating just above its production capacity. With some anticipated moderation in U.S. economic growth, combined with past interest rate and exchange rate increases, the Canadian economy is projected to return to its production capacity by the end of 2008. The Bank projects real GDP growth of 3.2 per cent in 2006, 2.9 per cent in 2007, and 2.8 per cent in 2008.
000004195 538__ $$aSystem requirements: Adobe Acrobat Reader.
000004195 650_0 $$aMonetary policy$$zCanada.$$aPolitique monétaire$$zCanada.
000004195 7102_ $$aBank of Canada.
000004195 7750_ $$iFrench version$$tMise à jour du Rapport sur la politique monétaire : juillet 2006$$w4216
000004195 8301_ $$aMPR Update
000004195 8564_ $$uhttps://www.oar-rao.bank-banque-canada.ca/record/4195/files/mpr_update130706.pdf$$99bfa2906-a6d3-47a1-9050-e4bf20ac78c1$$s71483$$zFile Source: Bank of Canada website, 2024
000004195 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4195$$pbibliographic
000004195 980__ $$aIR
000004195 980__ $$aMonetary Policy Report
000004195 991__ $$aPublic