June 6, 2022
Understanding quantitative easing
QE is a tool that encourages spending and investment—helping us to achieve our inflation target by stabilizing the economy.
Consult these brief articles explaining topics related to our core functions.
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May 19, 2021
Understanding the consumer price index
The consumer price index (CPI) tracks how much the average Canadian household spends, and how that changes over time. At the Bank of Canada, we use it to target inflation.
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation targets
August 13, 2020
Understanding inflation targeting
At the Bank of Canada, we aim to keep inflation close to 2 percent.
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation targets
August 13, 2020
Understanding inflation
Inflation is a persistent rise in the average level of prices over time.
Content Type(s):
Explainers
Topic(s):
Inflation and prices,
Inflation: costs and benefits