Canadian inflation targets need debate

Canadians need to debate the Bank of Canada's inflation-targeting program, according to an e-brief released Tuesday 17 October by the C.D. Howe Institute, if they wish to set the stage for future improvements.

The C.D. Howe Institute's report by economist David Laidler urges the finance ministry and the central bank to debate the idea instead of simply renewing the target for the next five years, as widely expected.

"This fall's routine renewal of that target should break the mold," Laidler said

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