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Articles on Recession

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Recent surveys suggest Canadians are dissatisfied with the direction of the economy. (Shutterstock)

10 reasons why Canadians are still dissatisfied with the economy, despite the upswing

There are a number of reasons why there’s such a significant gap between aggregate economic numbers and the perceptions of everyday people.
While the current episode of inflation has created challenges for many, this is not the first time Canada has gone through such an experience. THE CANADIAN PRESS/Sean Kilpatrick

Here’s what we can learn from Canada’s response to inflation in the 1980s and 1990s

The real question in the minds of many economists is what the trend in inflation will be going forward, and when interest rates will begin to fall and bring relief to Canadians.
Bank of Canada governor Tiff Macklem holds a news conference at the Bank of Canada in July 2023. THE CANADIAN PRESS/Sean Kilpatrick

Interest rates: Monetary policy is always political as central banks opt to back the financial sector

Why is monetary policy outside the realm of politics? What are the social ramifications of our current monetary policy system? What alternatives exist?

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