bank of canada

1:44PM
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In the 1970s the Bank of Canada switched to monetarist money-supply targeting.


10:28AM
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The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.


3:21PM
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With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.


4:00AM
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In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.


3:31PM
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The Liberal government remains committed to a misguided fiscal policy approach that spends borrowed money in the hopes of increasing prosperity.


3:00AM
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The Bank of Canada and other central banks around the world have artificially lowered interest rates, making investment and risk-taking much cheaper.


3:00AM
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With Canada’s current unemployment rate of 7.1 per cent, there’s more slack in the Canadian labour market than in the U.S.


3:00AM
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A higher target rate will raise uncertainty about future inflation and be costly for the economy.