Prices are rising, but here's why Stephen Poloz isn't too concerned about it

Few Canadians have devoted more effort to fighting inflation than Stephen Poloz. He conducted much of the research that persuaded his bosses at Bank of Canada to embrace an inflation target in the early 1990s and use the Consumer Price Index to guide their thinking about where to set interest rates. A couple of decades later, he took over the central bank, taking charge of the policy regime he helped create as a young researcher. ...