That’s because inflation in Canada has been close to 2 per cent per year for the past 25 years or so. In 1991, the Government of Canada and the Bank of Canada agreed it would be good for ...
Here’s what economists think the data means for the Bank of Canada and interest rates. Canadians should expect some inflation volatility and a rebound above two per cent in March once the ...
1:53 Inflation slows ahead of Bank of Canada’s 1st interest rate decision of 2025 “The tax holiday will continue to muddy inflation readings until March when we can get a cleaner read of the ...
inflation and monetary policy in Canada. The Bank is committed to maintaining price stability for Canadians.” Douglas Porter, Chief Economist and Managing Director Economics, BMO: “Today’s ...
That was in line with what economists were expecting and marks a fifth straight month annual inflation has been at or below the Bank of Canada’s 2% target.
1:40 Canada’s tax ‘holiday’ has had mixed results, businesses say December’s inflation data offered a mixed bag to the Bank of Canada as it gears up for its first interest rate decision of ...
Bank of Canada officials acknowledged that the economic ... “would be helpful” for growth and lead to a better balance of inflation risks. But policymakers also spent considerable time ...
using its monetary policy framework to keep low and stable inflation. Financial system: The bank promotes safe, sound, and efficient financial systems within Canada and internationally ...
reduction in interest rates from the Bank of Canada next week," he added. The BoC's preferred measures of core inflation, CPI-median and CPI-trim, also edged down, nearing the 2% mid-point of ...
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