For many young Canadians, home won’t be a house
Canada is building fewer single-family homes and pricing young people out of their communities—the sort of housing inequality could take us down a dangerous path
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Kevin Carmichael
Kevin Carmichael is a senior fellow at the Centre for International Governance Innovation. He has written about economics, policy and policy makers for two decades from Ottawa, Washington, Mumbai, and, currently, Montreal.
Donald Trump’s make-believe economy
His verbal nonsense is turning the U.S. into a version of China—a place where little of what officialdom says about the economy can be trusted
Quebec’s unemployment rate is lower than any time since the 1976 Olympics
Econ-o-metric: Jobs grow, but so does the trade deficit. What does this mean for interest rates?
Why the Trudeau PMO needs to butt out of the Bank of Canada’s business
Officials in the PMO reportedly aren’t happy that interest rates are rising. Bill Morneau needs to forcefully signal his confidence in the Bank of Canada, now.
Why the loonie shot higher. And what it means for you
The Canadian economy is back in high gear and global markets have taken notice
What slow inflation could mean for interest rates
Econ-o-metrics: The Bank of Canada’s critics will say stubbornly low inflation means the latest rate hike was a mistake. But it might just mean the bank waits longer until the next hike.
Donald Trump’s plan to overhaul NAFTA goes much deeper than a tweak
Econo-metrics: If the U.S. list of objectives for NAFTA talks represents what Trump wants to achieve, Canada’s negotiators have a fight on their hands
Why banks are so slow to lower lending rates, but so quick to hike them
Econo-metrics: With the Bank of Canada raising interest rates, the big banks have been quick to follow suit. That never seems to happen when rates are falling.
Why didn’t markets see the Bank of Canada interest rate hike coming?
It would be good for everyone if Stephen Poloz and market participants could find a way to understand each other
Why the Bank of Canada hiked interest rates
Econ-o-metric: Today may go down in history as the day Canada shook off its hangover from the financial crisis