I believe that transparency also helps us to make better decisions. The extra rigour that comes from holding the rationale behind our decisions up to external scrutiny leads to better results. Finally, the Bank of Canada is a public institution – funded by, and accountable to, the taxpayer.
Information and analysis gathered in the context of the Bank's business should be considered a public good – except when the release of such information would compromise the implementation of the Bank's mandate. BIS Review 1/2008  1  Are there limits to transparency? In general, more transparency is better than less. But this does not mean that there are no limits.