bank of canada

3:21PM
Printer-friendly version

With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.


4:00AM
Printer-friendly version

In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.


3:31PM
Printer-friendly version

The Liberal government remains committed to a misguided fiscal policy approach that spends borrowed money in the hopes of increasing prosperity.


3:00AM
Printer-friendly version

The Bank of Canada and other central banks around the world have artificially lowered interest rates, making investment and risk-taking much cheaper.


3:00AM
Printer-friendly version

With Canada’s current unemployment rate of 7.1 per cent, there’s more slack in the Canadian labour market than in the U.S.


3:00AM
Printer-friendly version

A higher target rate will raise uncertainty about future inflation and be costly for the economy.


12:00PM
Printer-friendly version
The Bank of Canada apparently surprised the chattering classes and everybody else this week by dropping its benchmark interest rate.

2:00AM
Printer-friendly version

Back when my paternal grandparents were alive, they lived with thrift as their constant companion and spent little more than necessary, splurging only on others.

Every spring, my grandmother would can a plethora of fruits and vegetables from her Okanagan garden. In anticipation, she saved every plastic bag for use in canning. As a kid, I thought it odd behaviour. But of course, I had no knowledge then of the shortages she, her siblings and parents endured in the Soviet Union in the 1920s before they emigrated to Canada.