Explainers

August 13, 2020
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
August 13, 2020
Understanding exchange rates

The foreign exchange market determines how much our dollar is worth. The Bank of Canada very rarely intervenes to support its value.
Content Type(s): Explainers Topic(s): Exchange rates

Corporate Governance