Another elite special interest

The Governor of the Bank of Canada explains to the Globe how changes to the long form census will impact the bank’s work.

Mr. Carney told The Globe and Mail editorial board on Thursday that those changes could have an impact on the quality of research in those important areas and force the bank to supplement the information with its own research. “There is a non-trivial range of data that could be affected,” Mr. Carney said…

When asked which data could be affected, Mr. Carney said, “that’s part of what we’re going to have to work through. Obviously a series of surveys on the household side, and the potential implications for the labour force survey … there could be issues around the productivity data, some of the other national accounts, and then you get into more granular data … some of our longer-term research could be affected.”

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