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In 2021, we renewed Canada’s flexible inflation-targeting framework for 2022 to 2026.
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While inflation has come off its peak, it remains too high.
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Assessment of risks to the stability of the Canadian financial system — Senior Deputy Governor Carolyn Rogers takes part in a fireside chat hosted by the Ottawa chapter of Young Canadians in Finance (12:00 (ET) approx.).
These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five-year lag.
The results of today's term PRA operations are as follows:
High yield: 3.120%
Low yield: 2.980%
Average Yield: 3.020%
Par Amount Transacted: $2,000,000,000