In a speech on 'Low and Predictable Inflation and the Performance of Canadian Labour Markets' given on 20 November, David Dodge of the Bank of Canada said because Canada's monetary policy framework reduces uncertainty about inflation, it helps both firms and workers make better planning decisions. Thus, wage bargaining can be concluded by focusing on factors that are relevant to wage-setting, such as productivity growth, without the noise of variable inflation. This, in turn, leads to a more