The Dangers of an Extended Period of Low Interest Rates: Why the Bank of Canada Should Start Raising Them Now

Summary:
Page Title:The Dangers of an Extended Period of Low Interest Rates: Why the Bank of Canada Should Start Raising Them Now – C.D. Howe Institute
Article Title:The Dangers of an Extended Period of Low Interest Rates: Why the Bank of Canada Should Start Raising Them Now
URL:https://cdhowe.org/publication/dangers-extended-period-low-interest-rates-why-bank-canada-should-start-raising-them-now/
Published Date:May 15, 2013
Accessed Date:February 14, 2025

After an extended period of record-low interest rates, the Bank of Canada should reverse some monetary stimulus and begin raising interest rates, according to economist Paul Masson. In “The Dangers of an Extended Period of Low Interest Rates: Why the Bank of Canada Should Start Raising Them Now,” published by the C.D. Howe Institute, Masson  argues there is urgency for the Bank to act in view of the economic distortions and  financial risks low interest rates pose for Canada.

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