To measure inflation every month, Statistics Canada tracks the prices for a long list—what it calls a representative “basket”—of goods and services. The contents of the basket reflect how much ...
The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed ...
is "to promote the economic and financial welfare of Canada." The bank’s responsibilities are divided into four main areas: Monetary policy: The bank influences the supply of money in the ...
Last year in Canada ... supply highly secure bank notes for as long as Canadians demand them. There would be some obstacles to think about on the path to a central bank digital currency. For ...
Inflation is a generalized increase in consumer prices that erodes the purchasing power of money ... supply, due to structural impediments to home building. What’s the Bank of Canada doing ...
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