A look at inflation, banking, and monetary policy in Canada
There have always been conflicting objectives for the financial and monetary sides of the economy.
Canadians need more assurance and enablement in financial services
The consumer-driven banking framework will help Canadians manage their credit cards, apply for loans, and save for their futures much more easily.
Latest budget a big step for Canada’s financial services ecosystem
The government will finally advance Canada towards consumer-driven finance when it tables legislation signalled in April’s budget.
Pandemic ‘supply shocks’ could indicate need for more agile monetary policy, says former BoC deputy
The current monetary policy framework agreement between the federal government and the Bank of Canada, which lays out the mandate of the central bank, is set to expire at the end of 2026.
Spring lessons from Canada’s recent economic winter
Let’s hope this long economic winter will have equipped us to make the next ones less harsh, and that the spring finally comes back in full force.
There’s a reason the budget didn’t help the Liberals
Canadians are tired of enormous deficits, they don’t like being bribed with their own money, and there is fatigue with the PM as the bearer of the largesse.
The art of monetary policymaking
Whether an explicit broadening of the BoC’s mandate is needed is far from clear, but current circumstances support the need for flexibility in monetary policy frameworks.
Politicians should let the Bank of Canada do its job
The general consensus among economists is that central bank independence is necessary for good inflation control.
Central bank independence must remain a priority
Politicians have many competing priorities, and may not always place a high enough importance on low and stable inflation.
Canada can solve its productivity ‘emergency’—we just need politicians on board
Governments have other options, like scrapping interprovincial trade barriers and allowing allowing foreign competition.
