06-November-2026
Economy News
 
Bank of Canada and Government Agree to Keep 2% Inflation Target
06-Nov-2026

The Bank of Canada on Thursday unveiled a new five-year monetary policy framework with the federal finance ministry which keeps its inflation target unchanged at 2%. The monetary policy framework takes effect on January 1. The inflation target has been set at the 2% midpoint of a 1%-3% control range for the last 35 years.

News Source:- https://money.usnews.com/investing/news/articles/2026-11-05/bank-of-canada-keeps-2-inflation-target
 
 
 

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