Since the mid 1990s, the Bank of Canada's legal mandate has been to target the rate of inflation, and its success in keeping inflation low and stable has been remarkable. But is the current inflation target of 2% right for the country? Would a different mandate be better for the well-being of Canadians? If so, what should that mandate be?
Join McGill University’s Max Bell School of Public Policy for a two-day conference, during which independent economists from across Canada, the United States, and Europe will examine the Bank’s mandate and explore the most credible options for the next phase of Canadian monetary policy.