Overnight Moves: The Bank of Canada Should Start to Raise Interest Rates Now
The time is right for the Bank of Canada to start raising interest rates, according to a report from the C.D. Howe Institute. In “Overnight Moves: The Bank of Canada Should Start to Raise Interest Rates Now,” leading monetary economist Michael Parkin warns that delayed action poses risks and the prospect of “ugly policy choices” […]Boom-and-Bust Alberta Needs Stabilization Fund: Edmonton Journal Op-Ed
Published in the Edmonton Journal on November 8, 2010
By Stuart Landon And Constance Smith
The government of Alberta’s revenue volatility turns ordered plans topsy-turvy. Highly variable revenues make it difficult for the government to achieve a sustainable level of spending. Instead, Alberta’s spending tends to follow a boom-and-bust pattern — expenditures rise when oil and gas prices are high and abate when prices fall.
The rapid expansion of programs and capital spending during revenue booms stretches the capacity of the government to provide services and monitor spending, which can lead to waste and inefficiency. During a revenue collapse, spending cuts are often across the board rather than focused on the…
Not Here? Housing Market Policy and the Risk of a Housing Bust
Once on the Lips, Forever on the Hips: A Benefit-Cost Analysis of Fiscal Stimulus in OECD Countries
In Getting it Right When You Might Be Wrong: The Choice Between Price-Level and Inflation Targeting
In Another Meltdown? It’s Only A Matter Of Time
In Another Meltdown? It’s Only A Matter of Time In
In Another Meltdown? It’s Only A Matter of Time, (The Globe & Mail, June 24, 2009), C.D. Howe Institute President and CEO, Bill Robson, writes that as long as Washington insists on home ownership for people who can’t afford it, economic history will keep repeating itself. See article:
For the OpEd click here.
Canadian mouse should get ready to roar
Canadian mouse should get ready to roar In Canadian mouse should get ready to roar, (The Globe & Mail, May 29th, 2009), The C.D. Howe Institute’s President and CEO, Bill Robson, writes in the May 29th Globe and Mail on populist and protectionist pressures in Washington and the economic risks facing Canada. For your convenience, the article follows below:For the OpEd click here.
The Bank of Canada Needs to Nurture those Green Shoots of Recovery
International Policy Responses to the Financial Crisis: A Canadian Perspective
C.D. Howe Institute Commentators Publish OpEds on the Credit Crisis Let the Loonie Be
C.D. Howe Institute Commentators Publish OpEds on the Credit Crisis Let the Loonie Be (October 28, 2008)
National Post
Robin Banerjee is a Policy Analyst at the C.D. Howe Institute.
Loosen the money; ease the fear (October 21, 2008)
Globe and Mail
William Robson is President and CEO of the C.D. Howe Institute
Dangerous Ideas About Solving the Credit Crisis (October 18, 2008)
National Post
David Laidler is a Fellow-in-Residence at the C.D. Howe Institute