As a result, market signals are sent and received more clearly, and Canadian businesses and consumers are more confident about the future value of their money. A critical feature of our inflation-targeting system is that we operate symmetrically around our target. This means that we care just as much about inflation falling below target as we do about inflation rising above it.
Honourable Speaker, Honourable Ministers, Honourable Members of Parliament, Your Excellencies Members of the Diplomatic Corps, Distinguished Guests, that prudence; that strategy; will continue to guide the conduct of monetary policy this year and in the period ahead. I thank you for your attention. 6  BIS Review 40/2009