How the Bank of Canada Works & Contributes to our Economy

Here is an excellent video that will show you how the Bank of Canada works to control spending, stabilize inflation, and works to ensure Canadians can be confident in the strength of our financial system. This video is produced by the Bank of Canada and does an excellent job summarizing what we've been talking about in class. It touches on such topics as:

• The value of our currency
• Interest rates and how they are used to control inflation
• Purchasing Power
• Regulating the financial systems in Canada

I will show this video in class, but if you would like a sneak peek you can view it on your own: