December 17, 2020
Explainers
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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. -
August 13, 2020
Understanding inflation targeting
At the Bank of Canada, we aim to keep inflation close to 2 percent. -
August 13, 2020
Understanding inflation
Inflation is a persistent rise in the average level of prices over time. -
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. -
May 6, 2020
Understanding seigniorage
The Bank of Canada covers the cost of day-to-day business with “seigniorage,” which means earning money from issuing bank notes. -
January 31, 2020
All about money in the 21st century
What money does, and how we’re handling it in the digital age. -
January 15, 2016
Target For The Overnight Rate
Defines this important policy interest rate and describes the role it plays in influencing various market interest rates. -
March 3, 2014
Household Spending and Debt
Highlights the value of ‘prudent’ borrowing in enhancing welfare, but also the risks of over-indebtedness for households, the economy and financial stability. Discusses trends in household debt, various debt metrics and why monetary policy is concerned with how households use borrowed funds. -
February 28, 2014
Regulation of the Canadian Financial System
Describes the shared responsibility for the regulation of the Canadian financial system and summarizes the Bank of Canada’s role in the financial system.