We appreciate the opportunity to meet with this committee twice a year, following the release of our Monetary Policy Reports. These meetings help us keep Members of Parliament and, through you, all Canadians informed about the Bank’s views on the economy, and about the objective of monetary policy and the actions we take to achieve it.
Since we last met, we are pleased to have issued Canada’s new $ bank note with enhanced security features. The new note began circulating on 29 September. Last Thursday, we released our October Monetary Policy Report, which reviews economic and financial trends in the context of Canada’s inflation-control strategy.