Bank of Canada Operations and Policy

"The subject is important and its study highly rewarding...since most countries hope or intend, by planning, to emulate Canada’s rate of economic growth, the account of Canadian central banking is of wide interest...we must applaud the authoritative closing of an important gap in the literature."

"This book offers, in addition to a vast amount of statistical information, comments, criticisms, and evaluations which add greatly to its general usefulness...Neufeld has not, in the process of making his intensive study of the Bank of Canada, lost the capacity to analyse its actions objectively and, on occasion, critically."

"While Bank of Canada Operations will obviously be of special value to students with an immediate interest in Canadian economic development, it illustrates the difficult problems involved in monetary control in an open economy, and other readers will therefore find it both interesting and highly rewarding."

"This careful analysis will be of great interest to anyone concerned with current Canadian financial and economic problems, and it adds a useful and illuminating chapter to the literature of central banking."