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August 12, 2015

The Bank of Canada should track inflation using a measure that better accounts for changes in resale housing prices, according to a new C.D. Howe Institute report. In “Improving on the CPI: A Proposal for a Better Inflation Indicator,” authors Finn Poschmann and Aaron Jacobs urge the Bank to shift its focus to a more appropriate measure of the cost of inflationary trends when conducting monetary policy. 

Finn Poschmann
Finn Poschmann

Finn Poschmann graduated in economics from Carleton University in Ottawa in 1986 and is President & CEO of the Atlantic Provinces Economic Council.

He was previously Vice President, Policy Analysis at the C.D. Howe Institute, where he held a variety of positions since January 1998.