bank of canada

7:38AM
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Politicians should leave monetary policy to the Bank of Canada

Annual inflation peaked at 8.1 per cent in June 2022, well above the bank’s 2 per cent target.


1:10PM
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Higher interest rates—the effects on Canadians today and tomorrow

Even after inflation is brought to heel, Canadians should not expect interest rates to return to pre-pandemic levels.


3:30AM
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Don’t raise the Bank of Canada’s 2% inflation target

Reductions in purchasing power tend to be concentrated among lower-income workers.


8:55AM
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Bank of Canada adopts transparency reforms but still lags behind other central banks

Other central banks publish a projected interest rate path consistent with their economic outlook—not so in Canada.


2:31PM
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Bank of Canada must stay aggressive to tame inflation

Ottawa is spending nearly one-third more than it was in 2019 before the pandemic.


9:43AM
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Independent central bank may be only defense against Ottawa’s ‘crisis’ management

The central bank has acknowledged that it underestimated the inflationary effects of its actions.


9:50AM
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Inflation in Canada—follow the money

The Bank of Canada's “easy” policies help explain the current pain at the pumps.


10:45AM
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Latest agreement leaves Bank of Canada’s responsibilities unclear

The 2021 agreement introduced a new goal—that monetary policy should also support maximum “sustainable” employment.


8:19AM
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Ottawa threatening Bank of Canada’s independent image

The goal of "maximum sustainable employment" is largely determined by forces beyond the central bank’s control.