Intelligence Memos
To: Monetary Policy Watchers
From: Jeremy M. Kronick and Bill Robson
Date: March 11, 2020
Re: The Bank of Canada and COVID-19
With 50-basis-point cuts in their policy interest rates last week, the…
Op-Ed
Over the past 25 years, Canadians’ household debt has increased steadily as a share of their disposable income. During this time, and especially since the financial crisis, they have often been told…
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…
