The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.
bank of canada
Mars 8, 2018
3:21PM
With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.
Septembre 8, 2017
4:30AM
Between 2000 and 2016, average mortgage interest rates fell by almost two-thirds.
Août 17, 2017
8:52AM
From 2000 to 2014, the maximum mortgage for the average family grew by 126 per cent.
Juillet 28, 2017
4:00AM
In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.
Septembre 21, 2016
3:31PM
The Liberal government remains committed to a misguided fiscal policy approach that spends borrowed money in the hopes of increasing prosperity.
Juillet 5, 2016
3:00AM
The Bank of Canada and other central banks around the world have artificially lowered interest rates, making investment and risk-taking much cheaper.
Juin 15, 2016
3:00AM
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.
Décembre 16, 2015
3:00AM
A higher target rate will raise uncertainty about future inflation and be costly for the economy.
Janvier 27, 2015
12:00PM
The Bank of Canada apparently surprised the chattering classes and everybody else this week by dropping its benchmark interest rate.