The three new core inflation rate series should have been published from January 1989 forward no later than when the renewal of the inflation-control agreement was announced, on 24 October. It is disgraceful when the Bank of Canada had five years to prepare for this that series were not released until today, almost two months later. This would appear to have been done deliberately to coincide with the Christmas holidays, as a good time to bury bad news. The CPIX measure of core inflation, which served as the operational guide from May 2001 forward, and the CPIXFET measure which it replaced, were both published every month as index number series. So it is quite unacceptable that for the three new series only annual inflation rates are published. Was Finance Minister Bill Morneau aware that this was to be the publication policy. Why, when the Liberals promised greater transparency during the election campaign, have they permitted the Bank of Canada to become more and more opaque?