bank of canada

Blog
Nov 10, 2011

The inflation-control target

Andrew Jackson
So, the 2 per cent inflation target has been renewed as it now stands. (Take that, House of Commons Finance Committee, which is holding hearings on the issue next week.)
Blog
Sep 29, 2011

Wage deflation confirmed

Andrew Jackson
In an earlier post, I noted that falling real wages, as indicated by July and August data from the Labour Force Survey, signalled trouble ahead.
Blog
Aug 20, 2011

Outlook darkens as budget debate begins

Andrew Jackson
Both the Governor of the Bank of Canada and the Finance Minister conceded to the House of Commons Finance Committee that the economic outlook is indeed significantly less rosy than they had thought.
Blog
Aug 11, 2011

Thoughts on 'Why not print money?'

Marc Lee
Once we start talking about "printing money," the danger is that misunderstandings about what money is get amplified. It is the belief that a colourful piece of paper has a certain value that matters.
Blog
Aug 10, 2011

C. D. Howe's 'overnight moves' need work

Erin Weir
Less than a month ago, the C. D. Howe Institute released Michael Parkin's paper, "Overnight Moves: The Bank of Canada Should Start to Raise Interest Rates Now."
Blog
Jul 20, 2011

Bank of Canada moves to hit the ball

Andrew Jackson
The release of today's Monetary Policy Report from the Bank of Canada follows yesterday's announcement of no change in interest rates, the latest in a long series.

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