Renewal of the Bank of Canada’s Monetary Policy Framework
Every five years, the Government of Canada and Bank of Canada review and renew the central bank’s monetary policy framework.
In advance of the renewal, the C.D. Howe Institute brought together experts to analyze the critical questions, how they impact Canadians, and provide recommendations on direction and implementation.
Featured Research
Research
Steve Ambler, Thorsten Koeppl, Jeremy Kronick
Our research explains why the Bank of Canada should rely less on multiple measures of core inflation in its public communications.
Research
Steve Ambler, Thorsten Koeppl, Jeremy Kronick
Steve Ambler, Thorsten Koeppl, and Jeremy Kronick argue that central bank independence has become increasingly vulnerable, and that reinforcing it is essential for Canada’s economic stability.
Research
Steve Ambler, Thorsten Koeppl, Jeremy Kronick
This report makes the case for a renewed emphasis on “low and stable inflation” as the official framework for the Bank of Canada and flexible inflation targeting as the means for achieving this goal.
Podcast
Podcast
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