Op-Ed
Before Wednesday's Bank of Canada interest-rate hike, financial markets had priced in only a 50-50 chance of such a move. This means that half the market believed the bank would hold rates steady,…
Intelligence Memos
From: Pierre L. Siklos
To: Bill Morneau, Minister of Finance
Date: August 2, 2017
Re: Pull Back the Curtain, Let Us See How Monetary Policy is Formed
When it comes to carrying out monetary policy…
Intelligence Memos
From: Pierre L. Siklos
To: Minister of Finance
Date: July 28, 2017
Re: Should We Revisit Monetary Policy to Consider a Financial Stability Link?
In his letter to the Minister of Finance regarding the…