Pandemic Widens Gap Between Perceived, Measured Inflation: Bank of Canada

A woman walks past the Bank of Canada bulding in Ottawa in this file photo. Adrian Wyld/The Canadian Press

OTTAWA—A senior Bank of Canada official says that many Canadians believe that official inflation measures don’t reflect the rising costs they face.

Deputy governor Lawrence Schembri said Tuesday the gap between perception and reality has become more pronounced during the COVID-19 pandemic.