06-November-2026
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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