In this paper, the authors propose a measure of underlying inflation for Canada obtained from estimating a monthly … measures of underlying inflation monitored by the Bank of Canada. …

The consumer price index (CPI) is the most commonly used measure of inflation in Canada. As an indicator of changes in … the cost of living, however, the CPI is subject to various types of measurement bias. The author updates previous Bank of … Canada estimates of the bias in the Canadian CPI by examining four different sources of potential bias. He finds that the …

The prices of commodities produced in Canada have important implications for the performance of the Canadian economy … of Canada commodity price index (BCPI). Since its inception, the BCPI has been a fixed-weight index of commodity prices …