June 1, 2010 Inflation Since its introduction in 1991, inflation-control targeting has made monetary policy more understandable and has helped keep the rate of inflation within acceptable limits.
August 13, 2020 Understanding inflation Inflation is a persistent rise in the average level of prices over time. Content Type(s): Explainers Subject(s): Monetary policy, Inflation, Inflation targeting framework
November 26, 2024 Keeping inflation at 2% Speech summary Rhys R. Mendes Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island In his first public speech as a deputy governor, Rhys Mendes explains why higher interest rates were needed to get inflation back down to the 2% target and why we want it to stay there. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
August 13, 2020 Understanding inflation targeting At the Bank of Canada, we aim to keep inflation close to 2 percent. Content Type(s): Explainers Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
July 31, 2020 Let's Talk Inflation Learn why we consulted with Canadians on renewing our monetary policy framework—and find out what we heard and what happens next.
September 25, 2017 Government of Canada direct securities and loans: Distribution of holdings (formerly G4) Distribution of Government of Canada direct securities and loans among the Bank of Canada, Government of Canada and the general public as at weekly Wednesday and at month-end.
April 29, 2026 Monetary Policy Report—April 2026—Canadian economy—Outlook The Canadian economy continues to adjust to US tariffs and trade uncertainty, with economic activity on a lower path than before tariffs were imposed. The war in the Middle East is also affecting the outlook. Inflation is projected to rise in the near term before easing toward 2% in early 2027, while economic growth remains modest.
October 2, 2025 Breaking down inflation Speech summary Rhys R. Mendes Ivey Business School London, Ontario Deputy Governor Rhys Mendes discusses the importance of understanding which parts of inflation are lasting and which are temporary. He also talks about the Bank of Canada’s upcoming renewal of its monetary policy framework. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework