The 2011 inflation control target agreement between the Government of Canada and the Bank of Canada runs

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The 2011 inflation control target agreement between the Government of Canada and the Bank of Canada runs to the end of 2016.
a. What role does the inflation control agreement say about the Bank’s control of the quantity of money?
b. Why is it important that the agreement be renewed in 2016 and what might be some obstacles to its renewal?

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