Too Soon to Call a Downturn
Too Soon to Call a Downturn
Report of the C.D. Howe Institute Business Cycle Council
July 28, 2015 - Data do not at this time allow declaring whether Canada has entered an economic downturn. This is the consensus view of the C.D. Howe Institute’s Business Cycle Council, which held its second meeting on July 22, 2015.
The Business Cycle Council is the arbiter of business cycle dates in Canada. The council is comprised of eminent economists active in the field, and acts as a conduit for research aimed at developing a deeper understanding of how the economy evolves and to provide guidance to policymakers. Members of the Business Cycle Council participate in their personal capacities, and the views collectively expressed do not represent…
C.D. Howe Institute Monetary Policy Council Recommends Bank of Canada Hold Overnight Rate at 0.75 Percent through Mid-Year; Looks for 1.00 Percent by July 2016
July 9, 2015 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 0.75 percent at its next announcement on July 15, 2015. Looking ahead, the Council called for the Bank to hold the target at 0.75 percent through the end of the year, raising it to 1.00 percent by July of 2016.
The MPC provides an independent assessment of the monetary stance appropriate for the Bank of Canada as it pursues its 2 percent inflation target. William Robson, the Institute’s President and Chief Executive Officer, chairs the Council.
Council members make recommendations…
C.D. Howe Institute Monetary Policy Council Urges Bank of Canada to Hold Overnight Rate at 1.00 Percent through Mid-Year; Looks for 1.25 Percent by January 2016
January 15, 2015 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 1.00 percent at its next announcement on January 21, 2015. Looking ahead, the Council called for the Bank to hold the target at 1.00 percent through to July, and called for a target of 1.25 a year from now.
The MPC provides an independent assessment of the monetary stance appropriate for the Bank of Canada as it pursues its 2 percent inflation target. William Robson, the Institute’s President and Chief Executive Officer, chairs the Council.
MPC members make recommendations for…
The Impact Of The Supreme Court's New “Quantitative Evidence” Ruling On Business Mergers
Report of the C.D. Howe Institute Competition Policy Council
The recent Supreme Court of Canada decision in Tervita Corp. v. Canada may make merger challenges by the Commissioner of Competition less likely than before to succeed. This is the consensus view of the C.D. Howe Institute’s Competition Policy Council, which held its ninth meeting on April 22, 2015.
The Competition Policy Council comprises top-ranked academics and practitioners active in the field of competition policy. The Council, chaired by Finn Poschmann, Vice President, Policy Analysis, at the C.D. Howe Institute, provides analysis of emerging competition policy issues. Professor Edward Iacobucci, Dean of the University of Toronto Faculty of Law…
C.D. Howe Institute Monetary Policy Council Recommends Bank of Canada Hold Overnight Rate at .75 Percent through Mid-Year; Looks for 1.00 Percent by April 2016
April 8, 2015 — The C.D. Howe Institute’s Monetary Policy Council (MPC) today recommended that the Bank of Canada keep its target for the overnight rate, the very short-term interest rate it targets for monetary policy purposes, at 0.75 percent at its next announcement on April 15, 2015. Looking ahead, the Council called for the Bank to hold the target at .75 percent through to September, and at 1.00 percent a year from now.
The MPC provides an independent assessment of the monetary stance appropriate for the Bank of Canada as it pursues its 2 percent inflation target. Finn Poschmann, the Institute’s Vice President, Policy Analysis, chaired the Council’s 94thmeeting.
Council members make recommendations for…
