Regulatory Alerts2026-06-25
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Bank of Canada publishes report on monetary policy framework consultations
The Bank of Canada published a report summarizing stakeholder and public feedback gathered during consultations on the upcoming renewal of the country's monetary policy framework. The feedback indicates strong support for maintaining flexible inflation targeting and the 2% inflation target, while highlighting public concerns regarding the cost of living and housing affordability. Participants emphasized that clear communication regarding interest rate decisions is essential for fostering trust in the central bank as the agreement is renewed before the end of 2026.
Topics
monetary
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