inflation

9:50AM
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Inflation in Canada—follow the money

The Bank of Canada's “easy” policies help explain the current pain at the pumps.


4:02PM
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Canadians relearning hard economic lessons of ’70s and ’80s

Persistent labour shortages are helping drive up costs.


6:30PM
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Inflation—why now and not post-2008?

While the Bank of Canada is beginning to shed assets, it will take sustained aggressive action to get control of the situation.


10:45AM
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Latest agreement leaves Bank of Canada’s responsibilities unclear

The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.


8:19AM
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Ottawa threatening Bank of Canada’s independent image

The goal of "maximum sustainable employment" is largely determined by forces beyond the central bank’s control.


7:00AM
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Ottawa benefits from inflation-spurred tax revenue

Government tax revenues can increase even though the inflation-adjusted incomes of most Canadians do not.


9:47AM
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Bank of Canada rate hike may be too little too late

Ramping up interest rates at this juncture places more of the burden of fighting inflation on consumers.


9:01AM
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President Biden doubles down on statism

The president scuttled the Keystone XL pipeline and suppressed domestic production of oil and natural gas.


9:37AM
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Bank of Canada could muddy price signals with aggressive monetary policy

If the inflation rate remains relatively stable over time, suppliers should know when higher prices signal increased scarcity.