It is a pleasure for me to appear before your committee for the first time as Governor of the Bank of Canada. We at the Bank appreciate the opportunity to meet with your committee, which we usually do following the release of our Monetary Policy Reports.
These meetings are important in terms of our accountability to Canadians, since they allow us to keep members of Parliament and, through you, all Canadians, informed of the Bank's views on the economy, the objective of monetary policy, and the actions that we take to achieve that objective.