The Bank has always kept in touch with the regions and has monitored all the available regional economic data. What we are now aiming to improve is our ability to interpret these data. For this, we need to increase our contacts with businesses, governments, associations, economic analysts, and the public -- in all parts of Canada.
We expect that our new and expanded regional representative offices will help us do just that. While the central focus of the regional offices will be on the economy and monetary policy, we also expect our representatives to play a broader role in communicating with the public on all aspects of the Bank’s responsibilities.