Banking and Monetary Policy
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.
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.
Lessons in fighting inflation from the post-pandemic economic aftermath
Central banks, particularly those with a stated goal of price stability, must act decisively and swiftly in response to inflation to preserve their credibility.
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.
