Search
Search results
-
Governments and central bankers may have paved way for severe pain in near future
Governments around the world—including Canada—have injected an enormous amount of liquidity into the financial system. ...
-
Governments betting on low interest rates may experience rude awakening
Governments in Canada and around the world have run large budget deficits and greatly added to their debt loads due to their pandemic response and the accompanying economic downturn. Moreover, they are poised to add even more debt in ...
-
How interest rates affect labour participation among Canadian workers young and old
This week, the Bank of Canada held its benchmark interest rate (also known as the target or overnight rate) at 1.75 per cent with the corresponding bank rate at 2 per cent, while signalling future hikes “over time.” The bank has raised ...
-
Canadian household debt concerns are overblown
Once again, alarms are sounding about the level of household debt in Canada. A recent Financial Post story highlighted reports by both Equifax Canada and the Swiss-based Bank of International Settlements (BIS) about the growing household ...
-
Ontario’s fiscal paradox—a balanced budget and mounting debt
Ontario has wrapped up its 2018 pre-budget public consultations as it prepares to deliver its next provincial budget. Ontario Finance Minister Charles Sousa confirmed in the fall fiscal statement that Ontario’s 2018 budget will be ...
-
Federal Budget 2017—Ottawa should learn from Canada's last road to debt
The November 2016 federal economic update projected persistent deficits from 2015-16 to 2021-22. Shortly after, the Department of Finance released projections, which saw federal deficits persisting until the middle of the 21st century. ...
-
How will the Trudeau government handle challenging economic environment in 2016?
The Trudeau government has a full agenda on its plate for 2016 given the global political and economic environment, as well as its own list of election promises. Yet, the fundamental issue that Ottawa must deal with is simple: how ...