Central Banking

Why the Bank of Canada Act Needs Updating: A Lesson from the Sub-Prime Crisis

<time datetime="2007-12-01T00:00:00-05:00">December 1, 2007</time>

Financial Stability: What It Is and Why It Matters

<time datetime="2007-11-01T00:00:00-04:00">November 1, 2007</time>

Better Late Than Never: Towards a Systematic Review of Canada’s Monetary Policy Regime

Sticking to its Knitting: Why the Bank of Canada Should Focus on Inflation Control, not Financial Stability

<time datetime="2004-02-01T00:00:00-05:00">February 1, 2004</time>

Don't Mess with Mr. In-Between: Why the Bank of Canada Should Stick to Fixed Announcement Dates

<time datetime="2001-10-01T00:00:00-04:00">October 1, 2001</time>

Canada's Inflation Targets: Clearer, But Not Yet Clear

Op-Ed

The Bank of Canada’s millions in balance-sheet losses are only the beginning – Globe and Mail Op-Ed

While the full effects of the Bank of Canada’s rate hikes are not yet known, there is an immediate effect on the central bank’s own finances: growing interest expenses and large financial losses. The…

Intelligence Memos

Jeremy M. Kronick – Make the Bank of Canada’s Job Easier

From: Jeremy M. Kronick To: Canada’s Governments Date: January 9, 2023 Re: Make the Bank of Canada’s Job Easier When every party understands its role, better public policy ensues. For…

Op-Ed

In fighting inflation, governments aren’t making the Bank of Canada’s job any easier – Globe and Mail Op-Ed

When everyone understands the role they play, this leads to better public policy. For our monetary and fiscal authorities, this means central bankers ensuring a stable value for the currency they…