Lower Canada’s Inflation Targets: Financial Post Op-Eds

Feb. 17 and 18, 2011 — Cutting the inflation target to 1 percent and measuring it more accurately would have lasting economic benefits that should outweigh short-term political objections,  argues a two-part  Financial Post op-ed based on a  study by the C.D. Howe Institute.  McGill University economist Christopher Ragan, who holds the Institute's David Dodge Chair in Monetary Policy, proposes a coherent five-part policy package for a renewed monetary policy agreement, due in 2011, between the Bank of Canada and the federal government.
To read part one of the op-ed, click here.
To read part two of the op-ed, click here.