Bank of Canada plans to increase transparency

Canada's central bank will review whether to provide more information about its predictions for the economic outlook in a bid to improve transparency.

Sheryl Kennedy, a deputy governor, said on Tuesday that in 2008 the central bank would review whether to add various data to its base-case scenarios, which estimate the economic outlook in the years ahead.

There were, she said, "several ways we might consider providing more transparency about the risks and uncertainties around our base-case pro