Johnson, Schwanen – Lower Trade Restrictions Would Counter Inflation
From: Jon Johnson and Daniel Schwanen To: Canadians and Americans Concerned About Inflation Date: May 19, 2022 Re: Lower Trade Restrictions Would Counter Inflation Inflation remains on a tear, reaching 6.8 percent in Canada and 8.3 percent in the US in April. Inflation had not been that high in about 40 years, save for a brief […]David R. Johnson – What Education-Testing Chant Should We Choose in 2022?
From: David R. Johnson To: Ontarians Concerned About Education Date: May 18, 2022 Re: What Education-Testing Chant Should We Choose in 2022? Two chants are on offer: “Hey Ho, Hey Ho, the EQAO must GO!” “Hey Hey, Hey Hey, the EQAO must STAY!” These chants summarize opposing views in […] S4 E7: Inflation with David Dodge and Stephen Poloz
Inflation is at a new 31 year high and the Bank of Canada is taking the unusual step of warning that interest rates are set to substantially rise. Former Bank of Canada governors David Dodge and Stephen Poloz sat down with Michael Hainsworth to discuss what’s different this time around, and why fiscal policy needs […] First inflation returns. Will strikes be next? – Financial Post Op-Ed
Surging inflation over the past year has Canadians on edge. The erosion of purchasing power we notice every time we visit the store or pay a bill is unsettling for everyone and frightening for many. Higher interest rates, as lenders and the Bank of Canada react to inflation, will slow borrowing and spending, and have already sparked talk of a recession. As if that’s not bad enough, experience suggests higher inflation may cause another problem: strikes and lockouts that will be harmful enough on their own but will also worsen the production and supply-chain problems that have contributed to inflation in the first place.
Work stoppages are one of the dismal consequences of inflation that has been largely out of mind since the Bank…
Vaccines for the next pandemic: Connaught 2.0 is not the answer – Financial Post Op-Ed
The COVID-19 pandemic has focussed attention on Canada’s preparedness for the next pandemic, especially in terms of vaccine development and self-sufficiency. As we faced disruptions in the supply of COVID vaccines from other countries, many politicians, academics and pundits called for a public agency that would be charged with pandemic vaccine production and possibly vaccine development, as well.
Advocates for a new public vaccine agency cite the historic example of Connaught Labs, which was founded in 1914 at the University of Toronto. Over the years, Connaught made advances in the development and manufacture of vaccines for diphtheria, pertussis, tetanus, smallpox and polio, among others. In 1972, the federal government…
Ambler, Kronick, Robson – The Importance of Central Bank Independence
To: Bank of Canada Observers From: Steve Ambler, Jeremy M. Kronick and William B.P. Robson Date: May 16, 2022 Re: The Importance of Central Bank Independence Happy times prevail when inflation is low and few people are paying attention to central banking. These are not happy times. Inflation is high and the Bank of Canada is under scrutiny. People […]Lawrence Herman – Russian Sanctions Will Reverberate for Decades
From: Lawrence Herman To: Canadians Concerned About Trade Date: May 12, 2022 Re: Russian Sanctions Will Reverberate for Decades Canadian and American governments announced plans last month to liquidate Russian assets frozen by sanctions and to distribute the proceeds to affected victims and to war-torn countries. As Russia’s brutal ground war grinds on, this is a significant escalation of […]William B.P. Robson on Power & Politics – Poilievre Targets BoC Chief
Conservative Leadership candidate Pierre Poilievre is facing scrutiny over his claims that he would fire the Bank of Canada governor should he become Prime Minister. William B.P. Robson joins Power & Politics to discuss.
Caring for Canada’s Seniors
Visit Caring for Canada’s Seniors for more information The Evolving Wealth of Canadians: Who Is Better Fixed for Retirement? Who is Not?
Rising Wealth of Canadians Boosts Retirement – For Some Canadians nearing retirement age have seen a doubling in the median value of both their assets and net worth since 1999, and real median family incomes were up 1.2 times, making retirement prospects seem rosier – but not equally for all, according to a new C.D. […] Rising Wealth of Canadians Boosts Retirement Outlook – For Some
Canadians nearing retirement age have seen a doubling in the median value of both their assets and net worth since 1999, and real median family incomes were up 1.2 times, making retirement prospects seem rosier – but not equally for all, according to a new C.D. Howe Institute…William White – The Weaponization of Finance and the Future of the International Monetary System
From: William White To: International Currency Watchers Date: May 10, 2021 Re: The Weaponization of Finance and the Future of the International Monetary System The recent use of financial sanctions by the US, against the central bank of Russia, initially raised fears that other countries might try to protect themselves by reducing sharply their reserve holdings of US dollars. […]