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June 29, 2016

The Bank of Canada should not squander its hard-won credibility by increasing its target rate of inflation, says a new report from the C.D. Howe Institute. In “Toward the Next Renewal of the Inflation-Control Agreement: Questions Facing the Bank of Canada,” author Steve Ambler concludes that Steven Poloz should stay with 2 percent in the new inflation-control agreement due before year-end.

Steve Ambler

Professor Steve Ambler taught at l’École des sciences de la gestion de l’Université du Québec à Montréal (ESG UQAM) from 1985-2020, and chaired the Department from 2012-2015.