1. Using internet resources for chartered banks as well as the Bank of Canada's website, find the following information:
   1. 1. Identify the target for the overnight rate.
      2. Find the money supply measurements for cash in circulation, M1+ and M2+.
   2. Find a current mortgage rate offered by each of 5 Canadian chartered banks.

1. Using your knowledge of monetary policy, predict the direction of interest rates in Canada for the next 6 months. Support your statements with material from the class/textbook.