IMF Staff Country Reports

Canada: Central Bank Transparency Code Review

Publication Date:

September 28, 2022

Electronic Access:

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Summary:

The Bank of Canada (BOC) sets a high benchmark for transparency, which is recognized by its stakeholders, thus maintaining a high level of trust and accountability. The BOC’s transparency practices are broadly aligned with expanded and comprehensive practices as defined by the IMF Central Bank Transparency Code (see Table 1). This is acknowledged by the BOC’s external stakeholders, who view the central bank as an open, dynamic, and transparent public institution.

Series:

Country Report No. 2022/318

Subject:

International organization Monetary policy

Frequency:

regular