Bank of Canada
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bankofcanada.ca
Bank of Canada
@bankofcanada.ca
The official account of Canada’s central bank. Promoting your economic and financial welfare. Working to keep inflation low.

Terms: https://bit.ly/42UsUGk | En français: @banqueducanada.ca
That’s why we aim to keep inflation close to our 2% target. We don’t react to every price change, but we work to keep overall inflation under control and close to the target.
  
👉 Learn more about inflation: bit.ly/43dYSzq

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November 7, 2025 at 6:13 PM
But what happens if inflation is high? 
When prices go up too fast, your money can’t buy as much as it used to. People and businesses worry about their future finances.  

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November 7, 2025 at 6:13 PM
How does inflation affect you?  

When inflation is low and stable, your money keeps its value, and you know what your future costs will be.  

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November 7, 2025 at 6:13 PM