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March 27, 2018

Canada’s aging population has acted as a drag on the effectiveness of monetary policy since the financial crisis, according to a new report from the C.D. Howe Institute. In “Faulty Transmissions: How Demographics Affect Monetary Policy in Canada” authors Steve Ambler and Jeremy Kronick examine the impact of demographics on the effectiveness of monetary policy through the lens of inflation and unemployment. 

Steve Ambler

Professor Steve Ambler taught at l’École des sciences de la gestion de l’Université du Québec à Montréal (ESG UQAM) from 1985-2020, and chaired the Department from 2012-2015.

Jeremy Kronick

Jeremy M. Kronick is Vice-President, Economic Analysis and Strategy at the C.D. Howe Institute. As part of his duties, Jeremy directs the Institute's Centre on Financial and Monetary Policy.