A cyclist rides past the Bank of Canada building in Ottawa, Ont., on May 8, 2025. Blair Gable/Reuters
Nationwide public consultations show the Canadian public supports the central bank’s targeting of a 2 percent annual inflation rate, a new report from the Bank of Canada says.
The conclusion comes from consultations held ahead of the central bank’s 2026 monetary policy framework renewal, which takes place every five years. The meetings included ordinary Canadians, private-sector economists, think tanks, and consumer advocates across the country, the central bank said.
