November 1, 2016
25 Years of Inflation Targets: Certainty for Uncertain Times
Governor Stephen S. Poloz discusses the renewal of Canada’s inflation-targeting agreement and how it continues to help the economy.
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October 24, 2016
Opening Statement before the House of Commons Standing Committee on Finance
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […]
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Press,
Speeches and appearances,
Opening statements
October 24, 2016
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target
The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021.
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Press,
Press releases
October 24, 2016
Letter from the Governor to the Minister of Finance regarding the Renewal of the Inflation-Control Target – Dated 21 September 2016
Cover letter outlining the Bank’s recommendations for the target agreement, and detailing the Bank’s research of key issues related to the renewal.
October 24, 2016
Renewal of the Inflation-Control Target (October 2016)
Commentary and technical data relating to the 2016 target renewal.
Content Type(s):
Background materials
Topic(s):
Inflation and prices,
Monetary policy