It is simply a tool that helps us achieve our 2 per cent objective for total CPI inflation. Finally, our continued research on this and other critical policy issues makes a vital contribution to the Bank's ability to successfully carry out its responsibilities.
As I said off the top of my remarks, our research at the Bank has been crucial to the effective conduct of Canada's monetary policy. Of course, our researchers continue to make a contribution today as they explore the feasibility of new and innovative ways to calculate core measures, as opposed to the standard exclusion and reweighting methodologies.