Council Report
C.D. Howe Institute Monetary Policy Council to Bank of Canada: Hold Overnight Rate at 5.00 Percent until Early 2024, Cut to 4.50 Percent by Next October
October 19, 2023 – The C.D. Howe Institute’s Monetary Policy Council (MPC) recommends that the Bank of Canada maintain its target for the overnight rate, its benchmark policy interest rate…
Op-Ed
We need the right kind of federal intervention in housing - Financial Post
Although housing is mainly a provincial jurisdiction, the federal government is seized with the pressing political and policy problem of how to increase the housing stock, and sooner rather than…
Intelligence Memos
Ambler and Kronick - In Praise of the Pause
From: Steve Ambler and Jeremy M. Kronick To: Monetary Policy Observers Date: September 12, 2023 Re: In Praise of the Pause The Bank of Canada held its policy rate at 5…

Latest Research Papers

No Excuse for Inaction: Inflation, Special Factors and Monetary Policy
Don't Mess with Mr. In-Between: Why the Bank of Canada Should Stick to Fixed Announcement Dates
Canada's Inflation Targets: Clearer, But Not Yet Clear