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.
Recent Bank of Canada findings that showed Canadians have misgivings about a central bank digital currency should serve as a wake-up call that policymakers must do more to bridge the trust deficit.
Why is monetary policy outside the realm of politics? What are the social ramifications of our current monetary policy system? What alternatives exist?
Many Canadians are puzzled by food prices remaining high despite the Bank of Canada’s efforts to curb inflation. If interest rate policies aren’t bringing food prices down, then what will?
While a digital national currency does have the potential to mitigate key financial issues, we cannot ignore the democratic risks such a currency could introduce without safeguards.
The Free Alberta Strategy is in fact a road map for Alberta sovereignty, touching on the most essential compartment of sovereignty — banking and currency.
Unconventional policies can be used to alleviate — instead of exacerbate — inequality, something Canadians are clamouring for. The Bank of Canada needs to rediscover its former innovation zeal.
There’s no indication that handling cash increases your chance of catching COVID-19. But that hasn’t stopped countries around the world from looking at digital currencies.
Canada’s federal deficit has ballooned as Ottawa spends billions in response to the coronavirus pandemic. An economist explains why the massive spending will not harm Canadians in the future.
The Bank of Canada is proposing a federally managed digital currency that flies in the face of the decentralized approach to money that cryptocurrencies have established.