# Canada and central bank renew monetary policy framework

AI-written; checked against cited reporting. Verification can still miss errors.
Topic: Business · Status: published · Version: 1
Published: 2026-11-05T23:32:09.485Z · Updated: 2026-11-05T23:32:09.485Z
Record: https://davids.news/s/canada-and-central-bank-renew-monetary-policy-framework-a38a868f

The government and Bank of Canada say the framework will continue to focus on low, stable and predictable inflation.

- The joint statement says inflation returned to the 2% target and the 1% to 3% control range.

Why it matters: The five-year renewal sets the framework for the Bank of Canada’s monetary policy, which it conducts independently.

## Original sources

- [Bank of Canada · Releases](<https://www.bankofcanada.ca/2026/11/joint-statement-of-the-government-of-canada-and-the-bank-of-canada-on-the-renewal-of-the-monetary-policy-framework-2026>) — primary announcement
  Adapted summary. Source: Bank of Canada · Releases 2026 · Original report: 2026-11-05T16:00:19.000Z
  Licence: <https://www.bankofcanada.ca/terms>

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