Currency

Lessons from the Yield Curve: Evaluating Monetary Policy in Different Interest Rate Environments

<time datetime="2022-08-30T06:00:00-04:00">August 30, 2022</time>

Bank of Canada Policy Must Adapt to Changing Interest Rate Environments

The Bank of Canada needs to take into account prevailing interest rate environments and…

Tales from the Crypt - How to Regulate Initial Coin Offerings

<time datetime="2018-11-21T06:00:00-05:00">November 21, 2018</time>

Initial Coin Offerings (ICOs) fill an essential gap in funding for entrepreneurs with limited access to other forms of capital, but a new report from the C.D. Howe Institute says smart guidelines…

Understanding the Volatility of the Canadian Exchange Rate

<time datetime="2018-02-08T06:00:00-05:00">February 8, 2018</time>

Contrary to popular belief, commodity prices are not the best predictor of the future exchange rate for the…

The Seductive Myth of Canada’s "Overvalued" Dollar

A confluence of factors promises to put pressure on the new Bank of Canada governor to direct monetary policy at fixing Canada’s so-called “overvalued” currency, according to a report…

The Loonie's Flirtation with Parity: Prospects and Policy Implications

Room for Manoeuvre - Monetary Policy Over the Next Eighteen Months, and the Allure of Price-Level Targeting

<time datetime="2010-04-01T00:00:00-04:00">April 1, 2010</time>

Intelligence Memos

Kronick, Zelmer - It’s Time to Bring Stablecoins into the Regulatory Tent

From: Jeremy M. Kronick and Mark Zelmer To: Canadian Crypto Watchers Date: April 11, 2023 Re: It’s Time to Bring Stablecoins into the Regulatory Tent The knock-on effects from the…

Op-Ed

Stablecoin could be really useful money so let’s regulate it like money - Financial Post Op-Ed

The knock-on effects from the failure of Silicon Valley Bank also spread to stablecoins. The day after SVB’s failure, USDC, the world’s second-largest stablecoin, announced it had $US3…

Op-Ed

Cash in the bank: Cutting through the noise on digital currencies – Globe and Mail Op-Ed

In the debate over whether the Bank of Canada should issue a central bank digital currency, it is tempting to take a black-and-white perspective. But, the truth is subtler. There exists a spectrum of…

Op-Ed

Je préfère les tulipes aux bitcoins - La Presse Opinion

Comme les tulipes au XVIIe siècle, les bitcoins sont emportés par une bulle, ce qui montre bien que la fièvre des spéculateurs est récurrente. Les tulipes mènent aujourd’hui une existence bien…