12:36:39 EDT Thu 18 Jun 2026
Enter Symbol
or Name
USA
CA



Toronto-Dominion Bank
Symbol TD
Shares Issued 1,652,420,281
Close 2026-06-17 C$ 167.45
Market Cap C$ 276,697,776,053
Recent Sedar+ Documents

FP says TD, rivals hear BOC needs to communicate better

2026-06-18 08:25 ET - In the News

Also In the News (C-BMO) Bank of Montreal
Also In the News (C-BNS) Bank of Nova Scotia
Also In the News (C-CM) Canadian Imperial Bank of Commerce (CIBC)
Also In the News (C-NA) National Bank of Canada
Also In the News (C-RY) Royal Bank of Canada

The Financial Post reports in its Thursday edition that the Bank of Canada's communication around its monetary policy decisions is too technical and difficult for the general public to understand, and more emphasis needs to be made on how officials are planning on getting headline inflation back to the 2 per cent target, says a new report. The Post's Paula Tran writes that the report released on Tuesday by the C.D. Howe Institute recommended the BOC primarily focus on its projected headline inflation path over the policy horizon -- typically the next six to eight quarters -- along with a forecast of interest rates that would create this inflation path. This would allow policy-makers to clearly explain how future overnight rates can bring inflation down to the 2 per cent target, which would influence people's expectations of medium-term inflation. Currently, policy-makers rely on core inflation measures to guide their monetary policy decisions and communicate them to the public. The BOC also publishes four Monetary Policy Reports a year that contain headline inflation forecasts and core inflation measures, but little information about overnight rate forecasts that will guide it back to the 2 per cent goal.

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