Watching the Watchmen: The Need for Greater Oversight of the Competition Bureau
Report of the C.D. Howe Institute Competition Policy Council
The federal government should create an independent oversight body for Canada’s Competition Bureau to periodically evaluate the Bureau’s performance and help define its strategic objectives. This is the consensus view of the C.D. Howe Institute’s Competition Policy Council, which held its tenth meeting on October 22, 2015.
C.D. Howe Institute Monetary Policy Council Calls for Bank of Canada to Hold Overnight Rate at 0.50 Percent through Mid-Year; Hike to 0.75 Percent by October 2016
October 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 0.50 percent at its next announcement on October 21, 2015. Looking ahead, the Council called for the Bank to hold the target at 0.50 percent through to April of 2016 and hike it to 0.75 percent by October 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…
C.D. Howe Institute Monetary Policy Council Calls for Bank of Canada to Hold Overnight Rate at 0.50 Percent through Mid-Year; Hike to 0.75 Percent by September 2016
September 3, 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 0.50 percent at its next announcement on September 9, 2015. Looking ahead, the Council called for the Bank to hold the target at 0.50 percent through to March of 2016 and hike it to 0.75 percent by September 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…
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…
