Intelligence Memos
From: John D. Murray To:  Canadian financial regulators Date: January 31, 2020 Subject: Central Banks and the Future of Money Central banks around the world are now giving…
Op-Ed
The Bank of Canada announced last Wednesday that it’s continuing to hold its overnight target rate constant at 1.75 per cent. No surprise there. What is interesting, however, is a major turn of…
Op-Ed
Canada and the rest of the developed world have entered an era of low interest rates and sluggish growth. We should expect interest rates to remain low by historical standards when the next recession…

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