Read, Think and Learn:
B of C's two mandates: Price control (inflation) and maximum employment ( jobs). This what the B of C statement:
"CPI inflation in Canada is 5.7%, above the Bank’s forecast in its January Monetary Policy Report (MPR)... CPI inflation is now expected to average almost 6%in the first half of 2022... expected to ease to about 2½% in the second half of 2023 and return to the 2% target in 2024".