The Bank of Canada's “easy” policies help explain the current pain at the pumps.
inflation
June 14, 2022
4:02PM
Persistent labour shortages are helping drive up costs.
May 22, 2022
6:30PM
While the Bank of Canada is beginning to shed assets, it will take sustained aggressive action to get control of the situation.
May 12, 2022
10:45AM
The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.
May 5, 2022
8:19AM
The goal of "maximum sustainable employment" is largely determined by forces beyond the central bank’s control.
April 15, 2022
7:00AM
Government tax revenues can increase even though the inflation-adjusted incomes of most Canadians do not.
April 13, 2022
9:47AM
Ramping up interest rates at this juncture places more of the burden of fighting inflation on consumers.
March 3, 2022
9:01AM
The president scuttled the Keystone XL pipeline and suppressed domestic production of oil and natural gas.
February 2, 2022
9:37AM
If the inflation rate remains relatively stable over time, suppliers should know when higher prices signal increased scarcity.