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As Canada faces rising inflation, economists urge caution in raising interest rates, with MPs saying federal government should share blame

Accelerated money printing by central banks, labour shortages, and a change in Canadians' spending habits have all contributed to the highest inflation rate since 2003, which the Bank of Canada says is 'temporary.'

News
BY MATT HORWOOD
October 22, 2021

News | BY MATT HORWOOD | October 22, 2021

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PBO projects ‘sluggish’ economic growth this year, with $11.5-billion increase in budgetary deficit in 2023-24

NewsBY MIKE LAPOINTE

Former parliamentary budget officer Kevin Page says some observers are concerned about the loss of 'fiscal room' because of debt generated during the pandemic.

Shift the burden of inflation, writes Turcotte

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Shift the burden of inflation, writes Turcotte

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Politics This Morning: Grits return to the Hill

Plus, new data on temporary foreign workers.

Canada’s trying to fight inflation and restore economic growth through rear-view mirror policies

OpinionBY DAVID CRANE

From geopolitical tensions to rising debt levels and aging, the effect of these trends is a reduction in the capacity of the supply side to respond to increases in aggregate demand. Supply cannot keep up, so this gap is taken up by price increase that are driving inflation. New approaches are needed.

Canada’s trying to fight inflation and restore economic growth through rear-view mirror policies

OpinionBY DAVID CRANE

From geopolitical tensions to rising debt levels and aging, the effect of these trends is a reduction in the capacity of the supply side to respond to increases in aggregate demand. Supply cannot keep up, so this gap is taken up by price increase that are driving inflation. New approaches are needed.

Alternatives to the blunt tool of interest rate hikes needed to curb inflation

OpinionBY SHEILA COPPS

If there is another way to fix the economy, it must be done by the government, not the Bank of Canada. With grocery profits seeming to increase weekly, more needs to be done in that area.

Alternatives to the blunt tool of interest rate hikes needed to curb inflation

OpinionBY SHEILA COPPS

If there is another way to fix the economy, it must be done by the government, not the Bank of Canada. With grocery profits seeming to increase weekly, more needs to be done in that area.

As Canada faces rising inflation, economists urge caution in raising interest rates, with MPs saying federal government should share blame

Accelerated money printing by central banks, labour shortages, and a change in Canadians' spending habits have all contributed to the highest inflation rate since 2003, which the Bank of Canada says is 'temporary.'

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