Many of the criticisms and comments directed at monetary policy are founded on a lack of understanding of how the process actually operates. The operation of monetary policy will be considerably enhanced if more people understand the details of the process. The basic objective of this book is to delve into the Bank of Canada's weekly Bank Statement in detail; to set out the essential raw material lying behind the tools, mechanisms, and mechanics of monetary policy implementation by going through the weekly Bank Statement page by page and column by column.