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Improving on the CPI: A Proposal for a Better Inflation Indicator
Summary:
| Citation | Finn Poschmann. 2015. "Improving on the CPI: A Proposal for a Better Inflation Indicator." ###. Toronto: C.D. Howe Institute. |
| Page Title: | Improving on the CPI: A Proposal for a Better Inflation Indicator – C.D. Howe Institute |
| Article Title: | Improving on the CPI: A Proposal for a Better Inflation Indicator |
| URL: | https://cdhowe.org/publication/improving-cpi-proposal-better-inflation-indicator/ |
| Published Date: | August 12, 2015 |
| Accessed Date: | January 14, 2026 |
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The Bank of Canada should track inflation using a measure that better accounts for changes in resale housing prices, according to a new C.D. Howe Institute report. In “Improving on the CPI: A Proposal for a Better Inflation Indicator,” authors Finn Poschmann and Aaron Jacobs urge the Bank to shift its focus to a more appropriate measure of the cost of inflationary trends when conducting monetary policy.