How monetory policy have performed in Canada?
Carry out research about how
monetary policy has been performed in Canada. In particular, you are expected to analyse
how monetary policy has been used to deal with the effects (if any) of the recent global crises
and critically assess the effectiveness of such measures.
Your essay should be based around the following key areas:
1. Brief background information on the monetary policy framework in that country.
2. How the global recession of 2008-2011 has affected the overall macroeconomic
performance in that country?
3. Measures taken by the central bank to deal with the recession and critical analysis of their
4. Use of relevant data and macroeconomic theory and concepts (introduced in the module) in
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