May 19, 2021 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.
Consult these brief articles explaining topics related to our core functions.
December 17, 2020 QE is a tool that encourages spending and investment—helping us to achieve our inflation target by stabilizing the economy.
August 13, 2020 At the Bank of Canada, we aim to keep inflation close to 2 percent.
August 13, 2020 Inflation is a persistent rise in the average level of prices over time.