Op-Ed
Bank of Canada’s latest interest rate hike may be one too many - Globe and Mail
On Wednesday, the Bank of Canada increased its policy rate to 5 per cent, a level not seen since March, 2001. Citing continuing tightness in labour markets and still-firm consumer spending, the bank…
Council Report
C.D. Howe Institute Monetary Policy Council Says Bank of Canada Should Raise Overnight Rates to 5.00 Percent until Early 2024, Cut to 4.25 Percent by July of 2024
July 6, 2023 – The C.D. Howe Institute’s Monetary Policy Council (MPC) recommends that the Bank of Canada raise its target for the overnight rate, its benchmark policy interest rate, to 5.…
Op-Ed
The Bank of Canada shouldn’t have hiked interest rates this week - Globe and Mail Op-Ed
Steve Ambler is professor of economics, Université du Québec à Montréal and David Dodge Chair in Monetary Policy at the C.D. Howe Institute, where Jeremy Kronick is director, monetary and financial…

Latest Research Papers

How Not to Get Hit by a Falling Dollar: Why the Plunging Canadian Dollar Need Not Usher in a Slump
Let's Defend the Dollar
Where We Go from Here: Inflation Targets in Canada's Monetary Policy Regime