match Canadian macroeconomic data since Canada's adoption of inflation targeting. We use the model to provide a quantitative … assessment of the macroeconomic impact of flexible inflation targeting and some alternative monetary policy regimes. These … alternative monetary policy regimes are average-inflation targeting, price-level targeting and nominal gross domestic product …

Since 1991, the Bank of Canada has had an inflation‐targeting (IT) framework established by a joint agreement between … inflation‐control agreement. This discussion paper summarizes some interim results from Bank staff analysis done for the August … analysis later in 2021. The core of the current framework-the 2 percent inflation target-has remained unchanged since 1995 …