Bank of Canada Should Hold the Overnight Rate at 1.75 Percent Next Week, Cut to 1.25 Percent in Six Months: C.D. Howe Institute Monetary Policy Council
Council Report
Bank of Canada Should Hold the Overnight Rate at 1.75 Percent Next Week, Cut to 1.25 Percent in Six Months: C.D. Howe Institute Monetary Policy Council
August 29, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate…
Central banks need new toolkit in world where uncertainty seems to be increasing without bounds - National Post Op-Ed
Op-Ed
Central banks need new toolkit in world where uncertainty seems to be increasing without bounds - National Post Op-Ed
Uncertainty dominates today’s policy landscape. Just last week it figured prominently and explicitly in the U.S. Federal Open Market Committee’s news release and press conference announcing its…
Is Canada ready for the next recession? - Globe and Mail Op-Ed
Op-Ed
Is Canada ready for the next recession? - Globe and Mail Op-Ed
It has been a full decade since the last recession, which accompanied the 2008-09 financial crisis. The global and domestic economies are at a mature stage of the economic cycle, and numerous…

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